Question : Roma spends 25% of her income on food, 15% on children's books and 75% of the remaining income on uniforms. What is the percentage of income she is left with?
Option 1: 35%
Option 2: 20%
Option 3: 15%
Option 4: 19%
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Correct Answer: 15%
Solution : Let the income be 100. Spent on food = 25% Spent on children book = 15% Remaining salary = 100 – 25 – 15 = 60% 75% of the remaining on uniform = $\frac{75}{100}\times60=45$ $\therefore$ She left with 60 – 45 = 15% Hence, the correct answer is 15%.
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Question : Aastha spends 15% of her total income on travelling and 20% of the rest income on food and then donates INR 380 and after that, she saves INR 2,000. Find her total income (in INR).
Option 1: 3,500
Option 2: 3,650
Option 3: 3,800
Option 4: 3,600
Question : Raman spends 75% of his income. If his income increases by 20% and expenditure also increases by 10%, then by what percent will Raman's savings increase?
Option 2: 40%
Option 3: 50%
Option 4: 45%
Question : P's income is 150% of Q's income and P's expenditure is 60% of Q's expenditure. If Q saves 20% of his income, then how much percentage does P save of his own income?
Option 1: 68%
Option 2: 60%
Option 3: 72%
Option 4: 75%
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 : Which law states that with constant taste and preference, the proportion of income spent on food stuff diminishes as income increases?
Option 1: Say's Law
Option 2: Griffin's Law
Option 3: Gresham's Law
Option 4: Engel's Law
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