Question
Download Solution PDFThe pie chart given here represents the domestic expenditure of a family in percent. Study the chart and answer the following question if the total monthly income of the family is ₹ 42,500.
After deduction for Child Education and deduction for House Rent, the total monthly income of the family remains :
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Total monthly income = ₹42,500
Percentage spent on Child Education = 23%
Percentage spent on House Rent = 18%
Formula used:
Remaining income = Total income - (Child Education expenditure + House Rent expenditure)
Calculation:
⇒ Expenditure on Child Education = (23/100) × 42,500 = ₹9,775
⇒ Expenditure on House Rent = (18/100) × 42,500 = ₹7,650
⇒ Remaining income = 42,500 - (9,775 + 7,650) = ₹25,075
∴ The total remaining income of the family is ₹25,075.
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