Practicing Success
The expenditure on food is 35% of the income of a particular family. If the income is raised by 30%, then how much percentage (to the nearest whole number) of food expenditure is less than the initial percentage to keep the food expenditure unchanged? |
2 20 23 17 |
23 |
Let Total Income = 100x Expenditure on food = 35% of 100x = 35x Increased Income = 100x + 30% of 100x = 130x As, Expenditure is same as before . i.e. 35% of Income Expenditure = 35% of 130x = 45.5x Required percentage = \(\frac{45.5x - 35x }{45.5x}\) × 100 = 23.07 % = 23.07% (approx) |