Question
If the family decides to reduce their Transportation and
Miscellaneous expenses by 25% each, what will be their new total monthly expenditure? The pie chart below represents the distribution of a family's monthly expenses (total ₹90,000) across five categories: Housing, Food, Transportation, Education, and Miscellaneous. The percentages for each category are as follows:Solution
Transportation expense = 20% of ₹90,000 = ₹18,000. Reduced by 25%: ₹18,000 × 0.75 = ₹13,500. Miscellaneous expense = 10% of ₹90,000 = ₹9,000. Reduced by 25%: ₹9,000 × 0.75 = ₹6,750. New total expenses = ₹90,000 - (₹18,000 - ₹13,500) - (₹9,000 - ₹6,750) = ₹90,000 - ₹4,500 - ₹2,250 = ₹83,250.
In a situation, when a company borrows money to be paid back at a future date with interest, it is known _____.Â
Stand Up India Scheme provide financial aid for Working Capital needs through which organisation?
Consider the following statements about National Housing Bank (NHB):
       I.           It was set up by an Act of Parliamen...
All single payment transactions of Rs. ______ crore and above undertaken by entities (non-individuals) should include remitter and beneficiary LEI info...
YUVIKA Programme will impart basic knowledge on space technology, space science, and space applications, while preference will be given to rural areas. ...
Which of the following best describes the primary purpose of the ASBA process?
Consider the following statements regarding the Priority Sectors Lending:
1. Besides microfinance groups, individual farmers are also eligible to...
Hornbill Festival is celebrated in which State?
The 'Ration Aapke Gram' scheme was recently launched in _____________.
Consider the following about 'Prior Learning Scheme’:
I. It is a skill certification programme implemented by National Skill Development Corpor...