Relative Income Percentage Changes

CAT 2019 Slot 1 · QA · Medium · Percentages

The income of Amala is 20%20\% more than that of Bimala and 20%20\% less than that of Kamala. If Kamala's income goes down by 4%4\% and Bimala's goes up by 10%10\%, then the percentage by which Kamala's income would exceed Bimala's is nearest to

  1. A.

    28

  2. B.

    29

  3. C.

    31

  4. D.

    32

Answer

C

Explanation

Let Amala's income A=120A = 120. A=1.2B    B=100A = 1.2 B \implies B = 100. A=0.8K    K=150A = 0.8 K \implies K = 150. New Kamala income =150×0.96=144= 150 \times 0.96 = 144. New Bimala income =100×1.10=110= 100 \times 1.10 = 110. Percentage excess =144110110×100=34110×100=30.9%31%= \frac{144 - 110}{110} \times 100 = \frac{34}{110} \times 100 = 30.9\% \approx 31\%.

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