If a family spends on food, housing and clothing in the rate of 5 : 3 : 2 and experiences the rise in prices of these heads by 40, 30 and 20 percent respectively, the family budget will be increased by ________.
A
33%
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
40%
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
37%
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
none of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A 33% Let Old expense onfood,housing, clothing 50:30:20 riseinpriceofeachheadsby40 Hence newexpenseonfood=40 newexpenseonhousing=30 newexpenseonclothing=20 Requiredpercentageincrease=20+9+450+30+20×100 =33100×100 =33