Question : The following table shows the expenditure of a family in the years 2018 and 2019.
| Articles | Expenditure(in Rs.) | |
| 2018 | 2019 | |
| Education | 24000 | 30000 |
| Housing | 40000 | 48000 |
| Entertainment | 4000 | 3600 |
| Food | 15000 | 15500 |
| Clothing | 5600 | 3800 |
What is the percentage increase or decrease in the total expenditure in 2019 from 2018?
Option 1: 20.33% increase
Option 2: 11.44% decrease
Option 3: 13.88% increase
Option 4: 12.11% decrease
Correct Answer: 13.88% increase
Solution :
The total expenditure in 2018 = 24000 + 40000 + 4000 + 15000 + 5600 = 88,600
The total expenditure in 2019 = 30000 + 48000 + 3600 + 15500 + 3800 = 1,00,900
So, the required percentage increase = $\frac{100900-88600}{88600}×100$ = 13.88%
Hence, the correct answer is '13.88% increase'.
Related Questions
Question : The following table shows the expenditure of a company (in lakh rupees) per annum over the given years. What is the difference between the total expenditure on transport and total expenditure on salary in the given years?
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