19 Views

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)?

Option 1: 18,270

Option 2: 18,690

Option 3: 18,000

Option 4: 19,000


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: 18,270


Solution : Bhushan's monthly income = INR 45,000
Bhushan's monthly expenditure = INR 33,000
Monthly income after 22% increase = 45,000 × $\frac{122}{100}$ = INR 54,900
Monthly expenditure after 11% increase = 33,000 × $\frac{111}{100}$ = INR 36,630
New monthly savings = INR (54,900 – 36,630) = INR 18,270.
Hence, the correct answer is 18,270.

How to crack SSC CHSL

Candidates can download this e-book to give a boost to thier preparation.

Download Now

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books