New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    TYPE 28

    Monthly income of P is Rs.12000 and his monthly savings

    is Rs.6500. If his monthly income is decreased by 25% and monthly expenditure is decreased by 20% then find the approximate percentage decrease in his monthly savings.
    A 29% Correct Answer Incorrect Answer
    B 47% Correct Answer Incorrect Answer
    C 33% Correct Answer Incorrect Answer
    D 65% Correct Answer Incorrect Answer
    E 41% Correct Answer Incorrect Answer

    Solution

    Expenditure of P = Rs.(12000 – 6500) = Rs.5500 New Saving = (0.75 × 12000 - 0.8 × 5500) = 9000 - 4400 = Rs.4600 Decrease % in Saving = [(6500 - 4600)/6500] × 100 = 29%

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