From a picnic arranged for 10 persons 2 opted out. The expenses had to be equally shared by them. What is percentage increases in expenses of each person after the two left?
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Answer:
25%
Step-by-step explanation:
From a picnic arranged for 10 persons 2 opted out. The expenses had to be equally shared by them. What is percentage increases in expenses of each person after the two left?
Let say Per person planned expense = E
Total Expense = 10E
2 Person opted out
so total expense to be shared by 10-2 = 8 People
Expense per person = 10E/8 = 1.25E
Increase in expense per person = 1.25E - E = 0.25E
% Increase in expense per person = (0.25E)/E * 100 = 25 %
25 % increases in expenses of each person after the two left
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