Multiple choice

Passage

Directions: The following table gives the expenditure details of a family during the years 2011 to 2015. Item of Expenditure Expenditure (in Rs. Thousands) 2011 2012 2013 2014 2015 Total Food 800 900 1,050 1,200 1,400 5,350 House Rent 150 150 210 240 300 1,050 Clothing 75 100 130 170 250 725 Fuel and Electricity 30 40 50 60 70 250 Education 150 170 200 260 300 1,080 Medical Expenses 75 90 100 110 150 525 Miscellaneous 220 250 260 360 430 1,520 Total 1,500 1,700 2,000 2,400 2,900 10,500

What is the percentage increase in expenditure on education during 2011 to 2015?

  1. 50%

  2. 75%

  3. 100%

  4. 150%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Expenditure on education in 2011 = 150. In 2015 = 300. Percentage increase = ((300 - 150) / 150) * 100 = 100%.

AI explanation

The expenditure on education in 2011 was Rs. 150 thousands, and in 2015 it was Rs. 300 thousands. The increase in expenditure is 300 - 150 = 150 thousands. Using the percentage increase formula, (Increase / Original Value) * 100, we get (150 / 150) * 100, which equals a 100 percent increase.

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