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Standard XI
Statistics
Lorenz Curve
X is 25 % mor...
Question
X is 25% more than Y.By what percent Y is less than X
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Solution
Let y’s income = Rs 100
x’s income = 100 + 25% of 100 = Rs 125
y’s income is less than that of x by = (125 – 100)/125 x 100 = 100/5 = 20%
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