Mr puri income is 20% more than Mr lyengar income by what percent is Mr lyengar income less than Mr puri
Answers
Let, Mr. Iyenger's income be, 'x'
20% of x = 20x/100
= x/20
So, Mr. Puri earns =(x+x/20)
= (20x+x)/20
= 21x/20
∴ Mr. Iyenger earns less than Mr. Puri =(21x/20)-x
=(21x-20x)/20
= x/20
∴ Mr. Iyenger earns less than Mr. Puri by =[{(x/20)/(21x/20)}*100]
= (x*20*100/20*21x)
= (100/21)
= 4.76
= 4.8% approx.