Question
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. 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.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
Amit and Sara started a business with the investments of Rs. 20,000 and Rs. 30,000 respectively. After one year, Amit increases his investment by Rs. 5,...
P and Q entered into partnership with Rs. 8000 and Rs. 12000 respectively. After 4 months P withdrew `1/4` of his stock but after 4 months more he put b...
Two firms, X and Y, began a joint venture by investing in a ratio of 9:16. After six months, Firm Y withdrew its entire investment. At the end of the ye...
M and N started a business by investing Rs.4000 and Rs.5000 respectively. After 7 months, M and N increased their investments by 30% and Rs.2400 respect...
βAβ and βBβ invested Rs. 4800 and Rs. 3600, respectively in a business, together. After 6 months, βAβ withdrew 25% of his initial investment...
βAβ, βBβ and βCβ started a business by investing Rs. 3,000, Rs. 3,600 and Rs. 2,400, respectively. After 6 months, βBβ decreased his inv...
A, B and C invest in a partnership in the ratio 8:5:10 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C ...
βAβ invested Rs. 3500 in a business. βBβ joined x months later with an investment of Rs. 2500. If at the end of the year, Bβs share in the pro...
βCβ and βDβ entered into a business by investing Rs. βyβ and Rs. βy + 300β, respectively. After 10 months βCβ invested Rs. 400 more ...
P and Q started a business by investing Rs.5600 and Rs.4000 respectively. After 6 months, Q increased his investment by a certain percentage such that a...