Question
Monthly income of Sneha is Rs. 32,000 and the ratio of
her monthly expenditure to monthly savings is 4:4 respectively. If the average monthly savings of Sneha and Neha is Rs. 14,000 and the monthly expenditure of Neha is 25% more than that of Sneha, then find the percentage of monthly income saved by Neha.Solution
ATQ, Monthly expenditure of Sneha = (4/3)×32,000 = Rs.16,000 Monthly savings of Sneha = 32,000−16,000=Rs.16,000 Monthly savings of Neha = (14,000×2)−16,000=Rs.12,000 Monthly expenditure of Neha = 1.25×16,000=Rs.20,000 Percentage savings of Neha = {12,000/(12,000+20,000)} × 100 = 37.5%
Online stock broking firm Groww has announced that it has received the approval of the Securities and Exchange Board of India (SEBI) to launch its first...
Which Ramsar site in India is known as Asia’s largest brackish water lagoon?
Which initiative was launched by the central government to enhance the tourism sector in India?
A study published in the Indian Journal of Traditional Knowledge highlighted the effectiveness of which traditional drug system in reducing anemia among...
National Mountaineering Day in India is celebrated on:
Which of the following city received the best city award in Safai Mitra Suraksha Swachh Survekshan 2022 award?
What is NOT correct about CRR (Cash Reserve Ratio)?
i. The CRR is determined by a percentage of Net Demand and Time Liabilities
ii. Invest...
On which date will Francis Ford Coppola receive the AFI Life Achievement Award?
In which country did Aaryan Varshney secure his final GM norm?
What does Microsoft’s BioEmu AI model achieve prediction accuracy within?
