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} $%
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: $29 \frac{12}{17} $%
Solution : Let Rs. 100 be the initial monthly income. Initial expenditure = 68% of initial monthly income = Rs. 68 Initial savings = Rs. 100 – Rs. 68 = Rs. 32 Increase in income = 25% Final monthly income = Rs. 100 + Rs. 25 = Rs. 125 Increase in savings = 15% $\therefore$ Final savings = Rs. 32 + $\frac{15}{100}$ × 32 = 32 + 4.8 = Rs. 36.8 Final expenditure = Rs. 125 – Rs. 36.8 = Rs. 88.2 Increase in expenditure = Rs. 88.2 – Rs. 68 = Rs. 20.2 $\therefore$ Percentage increase $=\frac{20.2}{68}×100=29 \frac{12}{17} $% Hence, the correct answer is $29 \frac{12}{17} $%.
Candidates can download this e-book to give a boost to thier preparation.
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
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?
Question : Bhushan's monthly income is 45,000 and his monthly expenditure is 33,000. if his monthly income is increased by 22% while monthly expenditure is increased by 11%, then what is his new monthly savings (in INR)?
Question : A number is first increased by 16% and then increased by 20%. The number so obtained has now decreased by 40%. The net decrease percentage in the original number is:
Question : The vulgar fraction of $0.39\overline{39}$ is:
Question : What is the value of $\frac{\frac{5}{6} \text { of } \frac{1}{3} \times \frac{12}{25}-\frac{1}{3} \text { of } \frac{5}{6} \times \frac{18}{25}}{\frac{25}{12} \text { of } \frac{1}{6} \times \frac{2}{5}+\frac{3}{8} \text { of } \frac{12}{25} \times \frac{5}{6}}$?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile