New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    TYPE 28

    Monthly income of P is Rs.18000 and his monthly savings

    is Rs.12500. If his monthly income is decreased by 30% 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 34% Correct Answer Incorrect Answer
    D 65% Correct Answer Incorrect Answer
    E 41% Correct Answer Incorrect Answer

    Solution

    Expenditure of P = Rs.(18000 – 12500) = Rs.5500 New Saving = (0.7 × 18000 - 0.8 × 5500) = 12600 - 4400 = Rs.8200 Decrease % in Saving = [(12500 - 8200)/12500] × 100 = 34%

    Practice Next