Question
What is the amount that Sumit spends annually on paying
his loan instalments? Study the following information carefully and answer the following questions. Mr. Sumit earns an annual income of 18 lakh. Every month he saves 30% of his monthly income. 20% of the remaining amount of his monthly income he spends on paying his loan instalments. He spends 25% of his monthly income by paying various bills and spends 30% of his monthly income on other household expenses. He gives the remaining amount of his monthly income to his family.Solution
Monthly income Sumit = 18,00,000/12 = Rs. 1,50,000 Monthly savings = 1,50,000 × 30/100 = Rs. 45,000 Monthly loan instalments = (1,50,000 – 45,000 ) × 20/100= Rs. 21,000 Various bills = 1,50,000 × 25/100 = Rs. 37,500 Household expenses = 1,50,000 × 30/100 = Rs. 45,000 Monthly income given to his family = 1,50,000 – 45,000 – 21,000 – 37,500 – 45,000 = Rs. 1500 Loan Instalments = 21000 × 12 = Rs. 2,52,000
If all engineers are creative thinkers and John is an engineer, can we conclude that John is a creative thinker?
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct com...
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct combi...
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct com...
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct combi...
Passage:
Modern livestock breeds and crop species have been bred to be highly productive, which means accentuating particular traits. Chickens ha...A statement is given, followed by two inferences I and II. You have to consider the statement and two inferences and decide which of the inference(s) fo...
Statement & Inference
Statement: -A restaurant in west Delhi recently held a competition to see who could eat the maximum number of chilli burger...
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct com...
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct com...
Relevant for Exams:
