Ravi spends 65% of his monthly income. Next month, his income increased by 18% while his expenditure increased by 10%. Due to this, his monthly savings were increased by 'Q'%. Find the value of 'Q'. (Answer should be rounded off to two decimal points)
ATQ, Let the initial monthly income of Ravi be Rs. '100n'. Monthly expenditure of Ravi = 65% of 100n = (0.65) × 100n = Rs. '65n' Monthly savings of Ravi = 100n - 65n = Rs. '35n' New monthly income of Ravi = 118% of 100n = (1.18) × 100n = Rs. '118n' New monthly expenditure of Ravi = 110% of 65n = (1.10) × 65n = Rs. '71.5n' New monthly savings of Ravi = 118n - 71.5n = Rs. '46.5n' Increase in monthly savings = 46.5n - 35n = Rs. '11.5n' Required percentage = (11.5n/35n) × 100 ~ 32.86%
Who has won the 2022 Australian Open Women's Singles Title?
A report titled “Freedom in the World 2022 – The Global Expansion of Authoritarian Rule" is released by Freedom House, a US-based NGO. India...
Which of the following was NOT a focus area of the CSIR-IIP "One Week, One Theme" campaign on Energy and Energy Devices?
According to the CMIE (Centre for Monitoring Indian Economy) data, the unemployment rate in India fell to _______ in May due to a decline in the labor p...
Who is appointed as next IMF’s Chief Economist to succeed Gita Gopinath?
______ has partnered RuPay to roll out the Business Cashback Rupay credit card, an innovative solution tailored to meet the financial requirements of ...
On which date International Civil Aviation Day is celebrated annually?
Which of the following newly discovered gecko species was found in the Namdapha Tiger Reserve in Northeast India?
Who among the Following has been elected as Hong Kong’s Next leader?
Which rice variety of Bihar's West Champaran has recently been awarded the GI tag?
