If A’s income is 40% of B’s income and B’s income is 24% more than C’s income, then by what percentage is C’s income more than A’s income? (Your answer should be correct to one decimal place.)
Answer & explanation
Correct answer: option 4
40% = \(\frac{2}{5}\) , 24% = \(\frac{6}{25}\)
Income A : B & B : C
2 : 5 31 : 25
Overall A : B : C
62 : 155 : 125
Percentage of C's income more than A's income ,
= \(\frac{125 - 62 }{62}\) × 100 = \(\frac{63 }{62}\) × 100
= 101.6%