JIPMAT 2024
Logical Reasoning
Tabular Data
Easy
The following table gives the expenditure details of a family during the years 2011 to 2015 .
Item of Expenditure | Expenditure (in ₹ Thousands) | |||||
---|---|---|---|---|---|---|
2011 | 2012 | 2013 | 2014 | 2015 | Total | |
Food | 800 | 900 | 1050 | 1200 | 1400 | 5350 |
House Rent | 150 | 150 | 210 | 240 | 300 | 1050 |
Clothing | 75 | 100 | 130 | 170 | 250 | 725 |
Fuel and Electricity | 30 | 40 | 50 | 60 | 70 | 250 |
Education | 150 | 170 | 200 | 260 | 300 | 1080 |
Medical Expenses | 75 | 90 | 100 | 110 | 150 | 525 |
Miscellaneous | 220 | 250 | 260 | 360 | 430 | 1520 |
Total | 1500 | 1700 | 2000 | 2400 | 2900 | 10500 |
What is the percentage increase in expenditure on education during 2011 to 2015 ?
What is the percentage increase in expenditure on education during 2011 to 2015 ?
Correct Option: 3
To find the percentage increase in education expenditure from 2011 to 2015:Initial value (2011) = thousand Final value (2015) = thousandUsing the percentage increase formula:Percentage increase = Increase in value = Percentage increase = = = Therefore, the percentage increase in expenditure on education during 2011 to 2015 is .