Question
Download Solution PDFThe pie chart provided shows the percentage breakdown of a family's domestic expenditure. If it is given that the family's total monthly income is ₹32,500, then what is the total monthly amount spent on food and entertainment combined?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Family's total monthly income = ₹32,500
Food expenditure = 27%
Entertainment expenditure = 9%
Formula used:
Total monthly amount spent on food and entertainment = (Food% + Entertainment%) × Total monthly income
Calculation:
⇒ Total percentage for food and entertainment = 27% + 9% = 36%
⇒ Total amount spent on food and entertainment = 36% × ₹32,500
⇒ Total amount spent on food and entertainment = 0.36 × ₹32,500
⇒ Total amount spent on food and entertainment = ₹11,700
∴ The total monthly amount spent on food and entertainment combined is ₹11,700.
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