Study the table and answer the question: Income (Rs.) No. of persons Less than 200 12 Less than 250 26 Less than 300 34 Less than 350 40 Less than 400 50 What is the percentage of persons earning Rs. 250 or more?
Study the table and answer the question: Income (Rs.) No. of persons Less than 200 12 Less than 250 26 Less than 300 34 Less than 350 40 Less than 400 50 What is the percentage of persons earning Rs. 250 or more? Correct Answer 48
Persons who earn less than Rs. 200 = 12
Persons who earn Rs. 200 or more but less Rs. 250 = (26 - 12) = 14
Persons who earn Rs. 250 or more but less Rs. 300 = (34 - 26) = 8
Persons who earn Rs. 300 or more but less Rs. 350 = (40 - 34) = 6
Persons who earn Rs. 350 or more but less Rs. 400 = (50 - 40) = 10
Total number of people = 12 + 14 + 8 + 6 + 10 = 50
The number of persons who earn more than Rs. 250 = 8 + 6 + 10 = 24
Now,
The percentage persons earning Rs. 250 or more = 24/50 × 100% = 48%
∴ The percentage persons earning Rs. 250 or more is 48%.