Which of the following statement is NOT correct?
I. The expenditure on article R by A is 28.56 percent more than the expenditure on Q by B.
II. The difference between average expenditure on article P and Q by A and the average expenditure on R and S by B is 20.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Only I.
Statement I:
Expenditure on article R by A = 80
Expenditure on article Q by B = 70
the expenditure on article R by A is 28.56% more than the expenditure on Q by B.
The difference between the expenditure on article R by A and Q by B is = 80 − 70 = 10
The percentage increase = Difference/Original value × 100
⇒ 10/70 × 100 = 14.29%
So, the expenditure on article R by A is 14.29% more than the expenditure on article Q by B, not 28.56%.
Therefore, Statement I is incorrect.
Statement II:
Average expenditure on articles P and Q by A =
Average expenditure on articles R and S by B =
the difference = 70 − 50 = 20
So, Statement II is correct.