Question : Ramesh spends 40% of his monthly salary on food, 18% on house rent, 12% on entertainment, and 5% on conveyance. However, due to a family function, he has to borrow INR 16,000 from a money lender to meet the expenses of INR 20,000. His monthly salary is:
Option 1: INR 16,500
Option 2: INR 15,000
Option 3: INR 16,000
Option 4: INR 18,000
Correct Answer: INR 16,000
Solution : Given, Money borrowed = INR 16,000 Party expenses = INR 20,000 Let the Monthly income be 100%. ⇒ Money left = 100% – (40% + 18% + 12% + 5%) ⇒ Money left = 100% – 75% = 25% Ramesh's party expenses were INR 20,000 and he borrowed INR 16,000 So, he had INR 4,000 in his pocket ⇒ 25% = 4000 ⇒ 100% = 4000 × $\frac{100}{25}$ = 16000 Hence, the correct answer is INR 16,000.
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Question : The monthly salary of a person is INR 50,000. He spends 40% of his salary on household expenses, 25% on rent, and 15% on transportation, and saves the remaining amount. What is his yearly savings?
Option 1: INR 1,00,000
Option 2: INR 1,10,000
Option 3: INR 1,20,000
Option 4: INR 90,000
Question : The monthly incomes of Ravi and Shiv are in the ratio 1 : 2 and their monthly expenditures are in the ratio 1 : 3. If each saves INR 4,000 per month, then find the monthly income of Shiv.
Option 1: INR 16,000
Option 2: INR 18,000
Option 3: INR 14,000
Option 4: INR 20,000
Question : The monthly income of Ramesh was Rs.16,500 and his monthly expenditure was Rs.10,500. Next year his income increased by 25% and his expenditure increased by 19%. Find the percentage increase in his savings.
Option 1: 33.5%
Option 2: 34.5%
Option 3: 32.5%
Option 4: 35.5%
Question : The ratio of monthly income and expenditure of a man is 7 : 3. If his expenditure is INR 5,400, find his monthly income.
Option 1: INR 12,600
Option 2: INR 13,300
Option 3: INR 11,500
Option 4: INR 10,400
Question : Swastik saves 20% of his income while spending the remaining amount on food, rent, education, and shopping. 15% of the income is spent on food, while INR 12,800 is spent on rent, INR 32,000 on education and INR 7,200 on shopping. The amount spent on shopping is 11.25% of the total expenditure. How much money (in INR) is spent on food?
Option 1: 9600
Option 2: 10800
Option 3: 12000
Option 4: 15000
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