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    Question

    Initially, a person spends 70% of his salary and saves

    the remaining 30%. If his salary increases by 20% and his savings remain unchanged, he finds himself spending Rs. 6,000 more. What was his initial salary?
    A Rs.10,000 Correct Answer Incorrect Answer
    B Rs.20,000 Correct Answer Incorrect Answer
    C Rs.30,000 Correct Answer Incorrect Answer
    D Rs.35,000 Correct Answer Incorrect Answer

    Solution

    ATQ, ┬а Let, the initial salary of the person be Rs. '100x'. ┬а Initial expenditure of the person = 0.70 X 100x = Rs. '70x' ┬а Initial savings of the person = 100x - 70x = Rs. '30x' ┬а New salary of the person = 1.20 X 100x = Rs. '120x' ┬а Savings of the person remains the same. ┬а So, 70x + 6000 = 120x - 30x ┬а Or, 90x - 70x = 6000 ┬а Or, 20x = 6000 ┬а So, x = 300 ┬а So, the initial salary of the person = 100x = 100 X 300 = Rs.30,000

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