Question
Monthly income of P is Rs.20000 and his monthly savings
is Rs.12000. If his monthly income is decreased by 40% and monthly expenditure is decreased by 30% then find the approximate percentage decrease in his monthly savings.Solution
Expenditure of P = Rs.(20000 – 12000) = Rs.8000 New Saving = (0.6 × 20000 - 0.7 × 8000) = 12000 - 5600 = Rs.6400 Decrease % in Saving = [(12000 - 6400)/12000] × 100 = 47%
The first ever Industrial Policy Resolution of India was announced in the year _______.
According to the Accounting Standard-1, which of the following are the fundamental accounting assumptions?
Which of the following statements is/are correct?
I. Only marketed goods are considered while estimating Gross Domestic Product (GDP).
Which bank is Piyush Gupta set to step down from as CEO?
The Sahitya Akademi Bal Sahitya Puraskar 2025 (Hindi category) was awarded to whom for the work “Ek Batey Barah”?
Which was the first women's sport to be introduced in the Olympics?
After about 75 years of Harshavardhana's death ______ rose to power in Kanauj.
An AI-powered health insurance product “Elevate” is launched by which of the following insurers?
The Reserve Bank of India (RBI) has increased the threshold for bulk fixed deposits for Scheduled Commercial Banks and Small Finance Banks to ₹3 crore...
Who is the head of the EPFO Cadre Restructuring Committee?
Relevant for Exams:
