Directions: Read the data carefully and answer the following question...
Expenditure and Saving of Persons can be calculated as
Saving = (Salary - Total expenditure)
JAY:
Salary = 35000
Rent = 35000 x 18/100 = 6300
Grocery = 35000 x 36/100 = 12600
Miscellaneous = 7700
Saving = (35000 - (6300 + 12600 + 7700)) = 8400
Ram:
Salary = 45000
Grocery = 45000 x 28/100 = 12600
Miscellaneous = 14400
Saving = 12600
Rent = (45000 - (12600 + 14400 + 12600)) = 5400
Divya:
Salary = 42500
Rent = 42500 x 30/100 = 12750
Grocery = 42500 x 20/100 = 8500
Saving = 10200
Miscellaneous = (42500 - (12750 + 8500 + 10200)) = 11050
Kavita:
Salary = 30000
Grocery = 30000 x 36/100 = 10800
Miscellaneous = 6600
Saving = 7200
Rent = (30000 - (10800 + 6600 + 7200)) = 5400
Krish:
Salary = 28000
Rent = 28000 x 20/100 = 5600
Grocery = 28000 x 40/100 = 11200
Miscellaneous = 7000
Saving = 28000 - (5600 + 11200 + 7000) = 4200
Vijay:
Salary = 22500
Rent = 22500 x 20/100 = 4500
Miscellaneous = 8100
Saving = (48450 - (8400 + 12600 + 10200 + 7200 + 4200) = 5850
Grocery = (22500 - 4500 + 8100 + 5850 = 4050
Based on above data we gets following results:
Expenditure on Grocery = (12600 + 10800) = 23400
Expenditure on Rent = (5400 + 5400) = 10800
Required factor = 23400/10800 ≈ 2.16