From a picnic arranged for 10 persons, 2 opted out. The expenses had to be equally shared by them. What is the percentage increase in the expenses of each person after the two left?
From a picnic arranged for 10 persons 2 opted out. The expenses had to be equally shared by them. What is percentage increases in expenses of each person after the two left?
Let say Per person planned expense =Â E
Total Expense = 10E
2 Person opted out
so total expense to be shared by 10-2 = 8 People
Expense per person  $$= 10\frac{E}{8} = 1.25E$$
Increase in expense per person = 1.25E - E = 0.25E
% Increase in expense per person $$= \frac{0.25E}{E} \times100 = 25 $$%
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