SATHEE: Quantitative Aptitude Ques 123

Quantitative Aptitude Ques 123

Question: A man spends 75% of his income. His income is increased by 20% and he increased his expenditure by 10%. His savings are increased by

Options:

A) 10%

B) 25%

C) $ 37\frac{1}{2} $ %

D) 50%

Show Answer

Answer:

Correct Answer: D

Solution:

Let the income of man initially be Rs. 100. Expenditure = Rs. 75

$ \therefore $ Savings = Rs. 25 Now, increased income = 120% of 100 $ =\frac{120}{100}\times 100=Rs.,120 $ Increased expenditure =110% of 75 $ =\frac{110}{100}\times 75=Rs.,82.5 $ New savings $ =Rs.,120-82.5=Rs.,37.5 $

$ \therefore $ Percentage increase in savings $ =\frac{37.5-25}{25}\times 100=50% $

BETA

Privacy Policy

Powered by Prutor@IITK

sathee@iitk.ac.in

Media coverage of SATHEE

Play Store

App Store

The Ministry of Education has launched the SATHEE initiative in association with IIT Kanpur to provide free guidance for competitive exams. SATHEE offers a range of resources, including reference video lectures, mock tests, and other resources to support your preparation. Please note that participation in the SATHEE program does not guarantee clearing any exam or admission to any institute.

Quantitative Aptitude Ques 123

Question: A man spends 75% of his income. His income is increased by 20% and he increased his expenditure by 10%. His savings are increased by

Options:

Answer:

Solution:

Bank Preparation

Bank Courses

NCERT Books

Important Resources

Forum