Select the option that can be used as a one-word substitute for the underlined group of words.
Mohan frequently wastes his money on luxurious objects such as cars and digital devices.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Extravagant.
One who wastes his money on luxurious objects is known as an extravagant.
A man who works in commerce is known as a businessman.
A person who purchases goods and services for personal use is known as a consumer.
A person who uses their wealth to invest in trade and industry for profit is known as a capitalist.