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%
Correct Answer: 35.5%
Solution : The monthly income of Ramesh was Rs.16,500 and his monthly expenditure was Rs. 10,500. Savings in that month = 16500 – 10500 = 6000 Next year his income increased by 25% and his expenditure increased by 19%. Monthly income becomes = $16500×\frac{125}{100}=20625$ His expenditure becomes = $10500×\frac{119}{100}=12495$ Savings becomes = 20625 – 12495 = 8130 $\therefore$ His savings increased percentage = $\frac{8130-6000}{6000}×100=\frac{2130}{6000}×100=35.5$% Hence, the correct answer is 35.5%.
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Question : The monthly income of an employee was INR 26,500 and his monthly expenditure was INR 22,000. Next year his income increased by 20% and his expenditure increased by 15%. Find the percentage increase in his savings.
Option 1: $44 \frac{7}{9} \%$
Option 2: $44 \frac{8}{9} \%$
Option 3: $44 \frac{5}{9} \%$
Option 4: $44 \frac{4}{9} \%$
Question : A man spends 75% of his income. If his income increases by 28% and his expenditure increases by 20%, then what is the increase or decrease percentage in his savings?
Option 1: 52% decrease
Option 2: 52% increase
Option 3: 13% decrease
Option 4: 13% increase
Question : A man spends 65% of his income. His income increases by 20% and his expenditure also increases by 10%. The percentage of increase in his savings is ________.
Option 1: 38.5%
Option 2: 35.8%
Option 3: 10%
Option 4: 20%
Question : A man spends $\frac{2}{3} $rd of his income. If his income increases by 14% and the expenditure increases by 20%, then the percentage increase in his savings will be?
Option 1: 6%
Option 2: 2%
Option 3: 4%
Option 4: 1%
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
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