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NIACL Model Paper 1 with solutions for free online practice

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DIRECTIONS (Qs. 6-10): Study the following pie graph carefully and answer the questions given below:

Cost Estimated by a Family in

Renovation of its House

Total Cost Estimated ₹ 120000

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Question : 9 of 100

Marks: +1, -0

Other than getting the discount o f 12% on the estimated cost o f Furniture and the actual Miscellaneous expenditure of ₹10200 instead o f the estimated, the family’s estimated cost is correct. What is the total expenditure o f die family in renovation o f its house?

₹116728
₹115926
₹119500
₹116500
None o f these

Solution:

(e) Estimated cost of Furniture

= 120000\times\frac{13}{100}=\text{₹}15600

Estimated cost of Miscellaneous items

=120000\times\frac{8}{100}

₹9600

Actual cost of Furniture

= ₹

15600\times\frac{88}{100}\text{₹}13728

Actual cost of Miscellaneous items = 10200

The total expenditure of the family in renovation of house =₹ 120000 - ₹ [(15600+ 9600)-(13728+10200)] = ₹120000-₹ 1272 = ₹ 118728

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