Question : Rupu’s income is 20% more than Madhu’s income. Madhu’s income is less than Rupu’s income by:
Option 1: $17 \frac{2}{3} \%$
Option 2: 20%
Option 3: $18 \frac{2}{3} \%$
Option 4: $16 \frac{2}{3} \%$
Correct Answer: $16 \frac{2}{3} \%$
Solution : Let the income of Madhu be 100. The income of Rupu is 20% more = 100 + 20 = 120 Madhu’s income is less than Rupu’s income = $\frac{20}{120}×100=\frac{1}{6}×100=16 \frac{2}{3}\%$ Hence, the correct answer is $16 \frac{2}{3} \%$.
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