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If the income of Ravi is 24% more than that of Ram, then by what percentage is the income of Ram less than that of Ravi?
Question

If the income of Ravi is 24% more than that of Ram, then by what percentage is the income of Ram less than that of Ravi?

A.

70011%\frac {700}{11}\%

B.

60031%\frac {600}{31}\%

C.

40031%\frac {400}{31}\%

D.

50031%\frac {500}{31}\%​​

Correct option is B

Given:

If the income of Ravi is 24% more than that of Ram.

Solution:

Let Ram's income be ₹100 .

Since Ravi's income is 24% more than Ram's income, Ravi's income = ₹100 + (24% of ₹100) = ₹100 + ₹24 = ₹124

Difference in income = ₹124 - ₹100= ₹124

Required Percentage =(Difference in incomeRavi’s income)×\left( \frac{\text{Difference in income}}{\text{Ravi's income}} \right) \times​ 100

Required Percentage =24124× \frac{₹24 }{ ₹124}\times​ 100

Percentage increase = 60031% \frac{600}{31}\%​​

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