Question : In January 2022, Kriti paid 22% of her monthly salary as EMI. She spent the remaining salary on shopping for groceries and clothes, in a ratio 7 : 5. She spent Rs. 18,200 on shopping for clothes. If, in February 2022, her salary increased by 16%, what was her salary (in Rs.) in February?
Option 1: 66,350
Option 2: 68,520
Option 3: 70,250
Option 4: 64,960
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Correct Answer: 64,960
Solution :
Let her monthly salary be $x$.
Kriti's EMI was 22% of her monthly salary.
$\therefore$ Remaining salary = $0.78x$
Spending on groceries and clothes was in the ratio of $7:5$.
Money spent on clothes = $\frac{5}{12} \times 0.78x$
According to the question,
$\frac{5}{12} \times 0.78x = 18200$
$⇒x = 56000$
Her salary increased by 16%.
$\therefore$ Her new salary $=56000 + \frac{16}{100}\times 56000 = Rs. 64960$
Hence, the correct answer is 64,960.
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