Question

The expenses of an Insurance company are 48% with respect to income. If the expenses curtailed by 25%, what will be the percentage of expenditure with respect to income, if a same time the income falls by 10%

Answer 1

Answer:

40%

Explanation:

let the total income be 100

total expense = 48

reduced expense= .75*48= 36

reduced income = 90

percentage of expenditure =

$(36 \div 90) \times 100$

40%

Answer 2

Answer:

please full. explain this question with step by step