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Home Questions & Answers Technology Data Base Question Answers Expenditure of businessman A increased by what percent from 2004 to 2008 ?

    Expenditure of businessman A increased by what percent from 2004 to 2008 ?

  • 112 8/13%
  • 120 1/13%
  • 108 6/13%
  • 118 2/13%
  • 115 5/13%
  • Explanation:

    Expenditure of businessman A in 2004 = INR 260 × 1000

    Expenditure of businessman A in 2008 = INR 560×1000

    ∴ Increase in 2004 to 2008 = 560 × 1000 - 260 × 1000

    = INR300 × 1000

    ∴ Increased Percentage = (300 × 1000/ 260×1000) × 100

    = 115 5/13 %