Quantitative Aptitude Ques 609
Question: Sohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much total amount did he spend on food and insurance policy together?
Options:
A) Rs. 3200
B) Rs. 3126
C) Rs. 3136
D) Rs. 3048
E) None of these
Show Answer
Answer:
Correct Answer: C
Solution:
- Total expenses (in percentage)
= 23% +33% + 19% + 16% = 91%
Saying $ =100-91=9% $
Income $ =\frac{100}{9}\times 504=Rs.5600 $
Expenses on food and insurance policy
$ =( \frac{33+23}{100} )\times 5600=\frac{56}{100}\times 5600=Rs\text{.}3136 $