Multiple choice

The data given in the following table summarises the monthly budget of an average household. | || |---|---| | Category| Amount (Rs.)| | Food| 4000| | Clothing| 1200| | Rent| 2000| | Savings| 1500| | Other expenses| 1800| The approximate percentage of the monthly budget NOT allocated to savings is

  1. 10%

  2. 14%

  3. 81%

  4. 86%

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Total budget = 4000 + 1200 + 2000 + 1500 + 1800 = 10500. Budget NOT allocated to savings = 10500 - 1500 = 9000. Percentage = (9000 / 10500) * 100 = 85.71%, which is approximately 86%.

AI explanation

First, find the total budget by adding all expenses and savings: 4000 + 1200 + 2000 + 1500 + 1800 = 10500. The amount not allocated to savings is the total budget minus the savings, which is 10500 minus 1500 = 9000. The required percentage is (9000 / 10500) multiplied by 100, resulting in approximately 86 percent.