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      Question

      Out of his monthly income of Rs. 40000, Mohan spent Rs.

      10000 less than he saved. What percentage of his income did he spend?
      A 28.5% Correct Answer Incorrect Answer
      B 20.8% Correct Answer Incorrect Answer
      C 37.5% Correct Answer Incorrect Answer
      D 35.2% Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let the amount saved by Mohan = Rs. Y

      Then, amount spent by Mohan = Rs. (Y - 10000)

      We have, Y + Y - 10000 = 40000

      Or, Y = (40000 + 10000) ÷ 2 = Rs. 25000

      So, amount spent by Mohan = 25000 - 10000 = Rs. 15000

      Required percentage = (15000 / 40000) × 100 = 37.5%

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