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    Question

    Pankaj saves 33.33% of his monthly Income. If monthly

    Expenses of Pankaj is increased by 25% with respect to his previous monthly expenses, then his monthly savings is decreased by 1700. What will be the monthly Income of Pankaj such as his monthly Income remains constant?
    A Rs.18000 Correct Answer Incorrect Answer
    B Rs.15000 Correct Answer Incorrect Answer
    C Rs.12000 Correct Answer Incorrect Answer
    D Rs.10200 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, We can say that Income of Pankaj is = 6 units  Then, the Savings of his = 2 units  Therefore, Expenses will be = 4 units So, new expenditure is = 5 units  And new savings will be = 1 unit  If 1 unit value is = Rs 1700  Then, 6 units value will be =( 6 x 1700) = Rs.10200  Hence, the required salary will be = Rs.10200

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