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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