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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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