How much percent is more expense on rent than the expense on others?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 100%.
Given that,
Total estimated yearly expenses = Rs.300000
Percentage expense on rent = 20%
The expense on rent = 300000 × 20/100 = Rs.60000
Percentage expense on others = 10%
The expense on others = 300000 × 10/100 = Rs.30000
Hence,
The required percentage = [(60000 - 30000)/30000] × 100 = 100%
