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Find the synonym of the underline word.
Daniel is very extravagant, he is always buying clothes he can’t really afford.
a) Expensive
b) Mean
c) Stingy
d) Extrovert
e) Wasteful

Answer
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Hint: The word extravagant means that you don't have any limit on spending money or any other resource. Now we have to find a synonym of it, which means we have to find the word which can be used instead of the given word and not change the meaning of the sentence.

Complete answer:
 From the given sentence, we can see that Daniel is very extravagant in spending money. However, the second part of the sentence says that he cannot afford the clothes he buys. This means he has limited money. Yet he spends money buying clothes. From this context, it can be understood that he wastes his money. Thus, the correct answer is option e, wasteful.
Option a is expensive. Extravagant people buy expensive things but the word extravagant in itself does not mean expensive.
Option b is mean. The word meaning is not relevant to the word extravagant. Therefore it is not the correct answer.
Option c is stingy. Someone who is stingy, means they are very ungenerous. People who do not want to spend a lot of money are called stingy. So we can see this is not a synonym of extravagant.
Option d is an extrovert. An extrovert is a person who is very interested in socializing with people. They like to talk to other people, they like to party, they like to go out and hang out with other people. Extroverted people may be extravagant but it is not a synonym of extravagant. Being extravagant is like a characteristic of extroverted people.

Note:
 If you just look at the meaning of extravagant without the context of the sentence, it does not mean wasteful. An extravagant person does not restrict the amount of money he is spending. However, when we bring in the context of the sentence and we see that Daniel does not have a lot of money, then the meaning of extravagant changes into meaning wasteful. Therefore, it is always advised to understand what the sentence is trying to imply before selecting your answer.