Ram’s income is 2.5% more than Shyam’s income. By what percentage is Shyam’s income less than Ram’s income?

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Accepted Answer

Let Shyam's income be 100 units. Then Ram's income is 2.5% more than Shyam's, so Ram's income = 100 + 2.5 = 102.5 units.

We need to find by what percentage Shyam's income is less than Ram's income.

Percentage less = [(Ram's income - Shyam's income) / Ram's income] × 100
= [(102.5 - 100) / 102.5] × 100
= (2.5 / 102.5) × 100
= 2.439% ≈ 2.43%

Therefore, Shyam's income is approximately 2.43% less than Ram's income.

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