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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


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 13th Jan, 2024

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'.

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