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Find the percentage decrease in income from 2001 to 2002

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Find the percentage decrease in income from 2001 to 2002.

Answer & Solution
Correct Answer: Option C
$$\eqalign{ & 2001 : \frac{\text{I}}{\text{E}} = \frac{1}{1} = \frac{4}{4} \cr & 2002 : \frac{\text{I}}{\text{E}} = \frac{75}{100} = \frac{3}{4} \cr & \text{Income} \% = \frac{4 - 3}{4} \times 100 = 25\% \cr}$$
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Subrat Das
Subrat Das 3 years ago
Expenditure constant is not written .
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