JIPMAT 2024 (LR) - Considering the total expenditure for all the five years together, what is the percentage expenditure on house rent ? | PYQs + Solutions | AfterBoards
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JIPMAT 2024 (LR) PYQs

JIPMAT 2024

Logical Reasoning
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Tabular Data

Easy

The following table gives the expenditure details of a family during the years 2011 to 2015 .
Item of ExpenditureExpenditure (in ₹ Thousands)
20112012201320142015Total
Food8009001050120014005350
House Rent1501502102403001050
Clothing75100130170250725
Fuel and Electricity3040506070250
Education1501702002603001080
Medical Expenses7590100110150525
Miscellaneous2202502603604301520
Total1500170020002400290010500

Considering the total expenditure for all the five years together, what is the percentage expenditure on house rent ?

Correct Option: 2
Total house rent for all five years = 10501050 thousand \newline Total expenditure for all five years = 1050010500 thousand
To find percentage expenditure on house rent:
Percentage = Total house rentTotal expenditure×100\frac{\text{Total house rent}}{\text{Total expenditure}} \times 100
= 105010500×100\frac{1050}{10500} \times 100
= 0.1×1000.1 \times 100 \newline = 10%10\%
Therefore, considering the total expenditure for all five years together, the percentage expenditure on house rent is 10%10\%.

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