Question
Download Solution PDFThe chart represents the domestic expenditure of a family per month with total expenditure being Rs. 33650 then the annual expenditure for provident fund is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCalculation:
The monthly expenditure of the family is 33650.
Expenditure on the Provident fund is 12%.
According to the question:
⇒ 12% × 33650
⇒ 4038
The annual expenditure for the provident fund is 4038 × 12 = Rs 48,456.
∴ Option 4 is the correct answer.
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