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RRB NTPC Graduate Tier 1 2016 Shift 2 📅 02 Apr, 2016

Study the following table and answer the questions based on it.
Below is the Household Expenditure (in Thousand Rupees) per annum.

YearGroceryRentLeisureEMITaxes
2010321253.49
201137136.54.513
201246147.35.617
201348167.96.418
201452188.57.419

Expenditure on EMI forms what percentage of expenditure on Grocery for the year 2014?

A
11.34%
B
14.23%
C
13.22%
D
15.55%
Result Summary
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APEDIA

RRB NTPC Graduate Tier 1
2016 • 02 Apr, 2016 • Shift 2
Study the following table and answer the questions based on it.
Below is the Household Expenditure (in Thousand Rupees) per annum.

YearGroceryRentLeisureEMITaxes
2010321253.49
201137136.54.513
201246147.35.617
201348167.96.418
201452188.57.419

Expenditure on EMI forms what percentage of expenditure on Grocery for the year 2014?
Correct Answer
14.23%
Data Targeting: We must look strictly at the row dedicated to the year 2014 to extract the relevant comparative figures.Value Identification: In 2014, the expen......
💡 Analysis & Explanation
Data Targeting
We must look strictly at the row dedicated to the year 2014 to extract the relevant comparative figures.
Value Identification
In 2014, the expenditure on 'EMI' is recorded as 7.4. The reference expenditure on 'Grocery' is recorded as 52.
Percentage Formula Setup
To find what percentage one value is of another, the formula is (Target Value / Base Value) * 100. Here, it is (7.4 / 52) * 100.
Execution of Math
7.4 divided by 52 equals approximately 0.142307. Multiplying this by 100 gives 14.2307%.
Conclusion
Rounding to two decimal places, the accurate percentage match is 14.23%.