The cost of a daily ticket for the local train is Rs. 50 and the monthly pass cost is Rs. 1125. If I buy the monthly pass and travel for 30 days in a month then I save:
Answer & explanation
Correct answer: option 2
Cost of daily ticket of 30 days = 50 × 30 = Rs. 1500
Cost of monthly pass = 1125 (375 saving from daily ticket cost)
Saving percentage = \(\frac{375}{1500}\) × 100 = 25%