The following table shows the expenditure of a family in the year 2018 and 2019.
What is the percent increase or decrease in the total expenditure in 2019 from 2018?
| Articles | Expenditure (in Rs.) | |
| 2018 | 2019 | |
| Education | 24000 | 30000 |
| Housing | 40000 | 48000 |
| Entertainment | 4000 | 3600 |
| Food | 15000 | 15500 |
| Clothing | 5600 | 3800 |
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 13.88% increase.
Total expenditure in 2018 = 24000 + 40000 + 4000 + 150000 + 5600 = 88600
Total expenditure in 2019 = 30000 + 48000 + 3600 + 15500 + 3800 = 100900
Hence, the required percentage increase = [(100900 - 88600)/88600] × 100 = 13.88%