📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    ⚡ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚡
    00:00:00 AM Left

    Question

    Monthly income of A is Rs. 10000 and he saves 32% of his

    monthly income. If monthly expenditure of A is decreased by 35% while his monthly savings is increased by 35% then find the increase or decrease in his monthly income.
    A 18.5% increase Correct Answer Incorrect Answer
    B 15.4% decrease Correct Answer Incorrect Answer
    C 16.5% increase Correct Answer Incorrect Answer
    D 12.6% decrease Correct Answer Incorrect Answer

    Solution

    Monthly savings and expenditure of A initially is Rs. 3200 and Rs. 6800, respectively. Monthly expenditure of A now = 0.65 × 6800 = Rs. 4420 Monthly savings of A now = 1.35 × 3200 = Rs. 4320 Monthly income of A now = 4420 + 4320 = Rs. 8740 Desired percentage decrease = [(10000 – 8740)/10000] × 100 = 12.6%

    Practice Next
    More ESIC Part B Questions

    Relevant for Exams:

    ask-question