New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The pie chart below shows the percentage distribution of the annual expenditure of a family on five categories: Housing, Food, Transportation, Education, and Entertainment. The total annual expenditure is ₹6,00,000.

    If the family decides to increase the expenditure on

    Education by 20% for the next year, while keeping the expenditure on other categories the same, what will be the new percentage share of Education in the total expenditure?
    A 16.67% Correct Answer Incorrect Answer
    B 18.75% Correct Answer Incorrect Answer
    C 17.47% Correct Answer Incorrect Answer
    D 19.50% Correct Answer Incorrect Answer

    Solution

    Current expenditure on Education = (15/100) × 6,00,000 = ₹90,000. Increased expenditure on Education = ₹90,000 × (120/100) = ₹1,08,000. Total new expenditure = ₹6,00,000 + ₹18,000 = ₹6,18,000. New percentage share of Education = (1,08,000/6,18,000) × 100 ≈ 17.47%. Correct option: c)

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