Question

    A consultant earns a fixed salary and a perk which is

    12% of his salary. The perk received by the consultant is Rs. 3600. If he spent 85% of his total income (salary + perk), what is his savings?
    A Rs.3720 Correct Answer Incorrect Answer
    B Rs.5040 Correct Answer Incorrect Answer
    C Rs.2600 Correct Answer Incorrect Answer
    D Rs.5000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the fixed salary be Rs. x. Perk = 0.12x. 0.12x = 3600, x = 3600 / 0.12 = Rs. 30000. Total income = Rs. 30000 + Rs. 3600 = Rs. 33600. Savings = 0.15 × 33600 = Rs. 5040.

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