Expenditure on food is what percent more than expenditure on rent?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 50%
Expenditure on food = 105/360 × 43200 = 12600.
Expenditure on rent = 70/360 × 43200 = 8400
required % = (12600 - 8400)/8400 × 100 = 50%
