New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A allocates his monthly income as follows: 15% for rent,

    25% for groceries, and 20% for bills, while saving the remaining amount. If his savings amount to Rs. 6,000, determine his total monthly income (in Rs.).
    A 15000 Correct Answer Incorrect Answer
    B 29000 Correct Answer Incorrect Answer
    C 30000 Correct Answer Incorrect Answer
    D 20000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ;

    Total expenditure = 15% + 25% + 20% = 60%

    Remaining = 40%

    Remaining amount = 6,000

    So, 40% of income = 6,000

    Income = 6,000 × (100 / 40) = 15,000

    Practice Next

    Relevant for Exams: