Question
Person 'X' allocates 20% of his income to food. From the
remaining amount, he spends 25% on education. Then, he uses 30% of what is left after food and education expenses on rent. After spending Rs. 4000 on spare items, he is left with Rs. 4400. What is his total income?Solution
ATQ,
Let the income of a perosn 'X' be Rs. x Amount spent by him on food = Rs. 0.2x Amount spent by him on education = 0.25 × (x – 0.2x) = Rs. 0.2x Amount spent by him on rent = 0.3 × (x – 0.2x – 0.2x) = Rs. 0.18x ATQ, x – (0.2x + 0.2x + 0.18x + 4000) = 4400 Or, x = 8400/0.42 = Rs.20,000
National Youth Day in India is observed on which date?
At which Buddhist site of India did Gautama Buddha first preach the Dharma?
Which term is used for extending financial support to a company or a country facing a potential bankruptcy threat?
WTO(World Trade Organization) is the successor of which organization?
Which of the following is not a solvency ratio?
Who is the Minister of Civil Aviation?
निम्नलिखित भारतीय राज्यों में से किस राज्य की कोई ...
Lending money and collection of the principal and interest are classified on the statement of cash flows as investing activities.
Insider trading is the buying or selling of a security by someone who has access to material non-public information about the security.
In ULIP, what does L stand for?