Question : A man spends Rs. 2,300 monthly on average for the first four months and Rs. 1,800 monthly for the next eight months and saves Rs. 12,400 a year. Find his monthly income.
Option 1: Rs. 3,000
Option 2: Rs. 2,400
Option 3: Rs. 2,200
Option 4: Rs. 2,100
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Correct Answer: Rs. 3,000
Solution : Given, Average monthly expenditure for the first 4 months = Rs. 2,300 $\therefore$ Total expenditure for the first 4 months = 4 × 2,300 = Rs. 9,200 Average monthly expenditure for the next 8 months = Rs. 1,800 $\therefore$ Total expenditure for the next 8 months = 8 × 1,800 = Rs. 14,400 Annual savings = Rs. 12,400 $\therefore$ Total expenditure for the year = 9,200 + 14,400 = Rs. 23,600 So, Monthly income = $\frac{\text{Total expenditure + Annual savings}}{12}$ = $\frac{23600 + 12400}{12}$ = $\frac{36000}{12}$ = Rs. 3,000 Hence, the correct answer is Rs. 3,000.
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Question : The average monthly income of A and B is Rs, 7,000. The average monthly income of B and C is Rs, 7,750 and the average monthly income of C and A is Rs, 6,750. What is the monthly income of B?
Option 1: Rs. 6,500
Option 2: Rs. 8,000
Option 3: Rs. 7,500
Option 4: Rs. 6,000
Question : The average expenditure of a man for the first five months is INR 1,200 and for the next seven months is INR 1,300. If he saves INR 2,900 in that year, his monthly average income is:
Option 1: INR 1,500
Option 2: INR 1,600
Option 3: INR 1,700
Option 4: INR 1,400
Question : A spends 68% of his monthly income. If A's monthly income increases by 25% and his monthly savings increase by 15%, then the percentage increase in his monthly expenditure will be:
Option 1: $27 \frac{13}{17}$%
Option 2: $29 \frac{12}{17} $%
Option 3: $33 \frac{7}{17}$%
Option 4: $31 \frac{6}{17} $%
Question : A man spent 30% of his monthly income on rent. He spent 15% of the remaining amount on food. 35% of the amount now left was used for all other expenses. If Rs. 1,62,435 was left with him, then his monthly income was:
Option 1: Rs. 4,80,000
Option 2: Rs. 4,20,000
Option 3: Rs. 3,60,000
Option 4: Rs. 5,40,000
Question : A person, who spends 68% of his monthly income, can save INR 14,720 per month. Find his total expenses.
Option 1: INR 46,000
Option 2: INR 38,210
Option 3: INR 31,280
Option 4: INR 42,400
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