Management Aptitude Test Dec 2012 Paper

Question : 150 of 200

Marks: +1, -0

If expense incurred on education (per literate adult) in 1990 was ? 1200 and the same had increased by 25% in 2000, what is the percentage increase in expenditure under this head?

Validate

Solution:

(b) Expenses on education in 1990
= 1200 x 8170
= ₹ 9811200
Expenses on education in 2000
= 125% of 1200 x 23760
= 1500 x 23760
= ₹ 35640000
∴ Required percentage increase
=

{35640000 - 9811200}/9811200

x 100%
=

{356400-98112}/98112

x 100%
=

258288/98112

x 100%
= 263%

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