Study the table given below and answer the questions:
The table gives the breakup of expenses (in percentage) incurred on various Heads in organizing a cultural event in a college.Head Tent Item Sound System Invitation Lighting Food Poster Making Expenses (%) 20% 15% 10% 20% 25% 10%
This question requires us to calculate the difference between the expenses incurred on 'Food' and 'Poster Making' for a college cultural event. We are given the percentage distribution of expenses across various heads and the total expense amount for the event.
The core task is to find the monetary value difference between two expense categories (Food and Poster Making) based on their respective percentages of the total event expenses.
First, let's determine the amount spent on Food. We multiply the total expenses by the percentage allocated to Food.
The formula used is:
$$ \text{Expense on Food} = \text{Total Expenses} \times \frac{\text{Percentage of Food Expenses}}{100} $$
Substituting the values:
$$ \text{Expense on Food} = ₹ 67880 \times \frac{25}{100} $$
$$ \text{Expense on Food} = ₹ 67880 \times 0.25 $$
$$ \text{Expense on Food} = ₹ 16970 $$
Next, we calculate the amount spent on Poster Making using its percentage of the total expenses.
The formula is:
$$ \text{Expense on Poster Making} = \text{Total Expenses} \times \frac{\text{Percentage of Poster Making Expenses}}{100} $$
Substituting the values:
$$ \text{Expense on Poster Making} = ₹ 67880 \times \frac{10}{100} $$
$$ \text{Expense on Poster Making} = ₹ 67880 \times 0.10 $$
$$ \text{Expense on Poster Making} = ₹ 6788 $$
Now, we find the difference between the expenses calculated for Food and Poster Making.
$$ \text{Difference} = \text{Expense on Food} - \text{Expense on Poster Making} $$
$$ \text{Difference} = ₹ 16970 - ₹ 6788 $$
$$ \text{Difference} = ₹ 10182 $$
Alternative Method (Using Percentage Difference):
We can also find the difference by first calculating the difference in percentages and then applying it to the total expenses.
$$ \text{Difference in Percentage} = \text{Percentage on Food} - \text{Percentage on Poster Making} $$
$$ \text{Difference in Percentage} = 25\% - 10\% = 15\% $$
Now, calculate the amount corresponding to this 15% difference:
$$ \text{Difference} = \text{Total Expenses} \times \frac{\text{Difference in Percentage}}{100} $$
$$ \text{Difference} = ₹ 67880 \times \frac{15}{100} $$
$$ \text{Difference} = ₹ 67880 \times 0.15 $$
$$ \text{Difference} = ₹ 10182 $$
Both methods yield the same result. The difference between the expenses on Food and Poster Making is ₹ 10182.
This value corresponds to option 4.
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