Question

    Deepak’s monthly income is Rs. 55000. He spent Rs. 25000

    less than what he saved. Calculate the percentage of income he spent.
    A 28.35% Correct Answer Incorrect Answer
    B 20.08% Correct Answer Incorrect Answer
    C 27.27% Correct Answer Incorrect Answer
    D 35.23% Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let the amount saved by Deepak = Rs. Y

    Then, amount spent by Deepak = Rs. (Y - 25000)

    We have, Y + Y - 25000 = 55000

    Or, Y = (55000 + 25000) ÷ 2 = Rs. 40000

    So, amount spent by Deepak = 40000 - 25000 = Rs. 15000

    Required percentage = (15000 / 55000) × 100 = 27.27%

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