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Direction to solve :

01. During which year was the expenditure of the family the highest?
A. 2000 B. 2001
C. 2002 D. 2003
E. None of these

Answer and Explanation

Answer: 2002

Explanation:
the expenditure of the family was the highest in 2002

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02. What is the least ratio of income and savings of the family in any of the given years?
A. 1.5  B. 1.8
C. 2 D. 2.4
E. 3

Answer and Explanation

Answer: 1.8

Explanation:
the ratio of income and savings is the least in 2005, which is 9/5 i.e. 1.8

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03. During which of the following years is the percentage decrease in expenditure, over the previous year, the highest?
A. 2001 B. 2003
C. 2004 D. 2005
E. None of these

Answer and Explanation

Answer: 2004

Explanation:
the expenditure decreased in 2003, 2004 and 2005. The highest percentage decrease was in 2004

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04. Which of the following pairs show the same trend (increase, remain constant or decrease) in at least three of the given years?
A. Income and savings B. Income and expenses
C. Expenses and savings D. All the above
E. None of the above

Answer and Explanation

Answer: Income and savings

Explanation:
income and savings increased simultaneously in 2001 and 2005
=> And decreased simultaneously in 2003.
=> Savings and expenditure decreased simultaneously in 2003
=> Income and expenditure increased simultaneously in 2002 and decreased in 2003

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05. What percentage of the total income in the given period did the family save?
A. 20% B. 25%
C. 33 * 1/3 %  D. 40%
E. 45%

Answer and Explanation

Answer: 33 * 1/3 % 

Explanation:
Total savings = 20 + 30 + 30 + 30 + 5 + 15 + 50 = 150
=>Total income = 70 + 80 + 90 + 60 + 60 + 90 = 450
Percentage savings = 150 / 450 x 100 = 33 1/3 %

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