Question 1
EasyOriginal questionThe Nair family's monthly budget (total monthly income ₹60,000):
| Item | Amount (₹) |
|---|---|
| Rent | 15,000 |
| Food | 12,000 |
| Education | 9,000 |
| Transport | 4,800 |
| Other | 7,200 |
| Savings | 12,000 |
Using the Nair family's budget table, what percentage of the family's monthly income goes on rent?
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
Rent = ₹15,000; income = ₹60,000.
Percentage = .
Worth noting
The base is the income, ₹60,000. Dividing by the total spending of ₹48,000 (income minus savings) gives 31.25%, the tempting wrong answer.
- Concept
- Expressing a part as a percentage of the whole
- Typical timeTypical
- 35 s
- Your timeYours
- —
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