New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    In each of the following questions, a question is followed by three statements numbered I, II and III. Read all the statements and answer accordingly.

    What is the monthly salary of Amit? Statement I.

    Amit spends one-third of his salary on household expenses, one –fourth on travel expenses, one – fifth on rent and deposit it’s the rest in a bank. Statement II. His monthly deposits in the bank amount to Rs. 13,000. Statement III. The ratio of his salary to his wife’s is 6 : 1. His wife spends one – fifth of her salary on travel expenses, and the remaining Rs. 8,000 on her cosmetic goods.
    A I and II together or I and III together Correct Answer Incorrect Answer
    B Only I and III together Correct Answer Incorrect Answer
    C Only I and II together Correct Answer Incorrect Answer
    D I and II together or only III alone Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    From I: Let the Amit’s salary be x. x/3+x/4+x/5+ D = x D = 13x/60 From II: D = Rs. 13,000 Now using I and II, D = 13x/60 13,000 = 13x/60 x = 60,000 From III: Let his wife’s salary be = x Rs. x - x/5 = 8,000 4x/5 = 8,000 x = 10,000 Now, Amit’s salary = 6x = 6 × 10,000 = Rs. 60,000

    Practice Next

    Relevant for Exams: