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What is the difference in the amount estimated by the family on interior decoration and that on architect’s fees?

A Rs. 10,000

B Rs. 9,500

C Rs. 7,200

D Rs. 9,000

E None of these

Solution

Correct Answer: Option E

Total cost = Rs. 120000

% estimation to be spent on interior decoration = 19%

∴ estimated amount spent on interior decoration = 19 % of 120000

⇒ estimated amount spent on interior decoration = 22800

% estimation to be spent on architect’s fees = 11 %

∴ estimated amount spent on architect’s fees = 11 % of 120000

⇒ estimated amount spent on architect’s fees = 13200

∴ difference in estimated amount = 22800 – 13200

⇒ difference in estimated amount = 9600

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