Question
Monthly income of A is Rs. 5500 and he saves 34% of his
monthly income. If monthly expenditure of A is decreased by 35% while his monthly savings is increased by 35% then find the increase or decrease in his monthly income.Solution
Monthly savings and expenditure of A initially is Rs. 1870 and Rs. 3630, respectively. Monthly expenditure of A now = 0.65 × 3630 = Rs. 2359.5 Monthly savings of A now = 1.35 × 1870 = Rs. 2524.5 Monthly income of A now = 2359.5 + 2524.5 = Rs. 4884 Desired percentage decrease = [(5500 – 4884)/5500] × 100 = 11.2%
Who inaugurated the 8th BRICS Competition Conference 2023
Which country returned sovereignty of the Chagos Islands to Mauritius in 2024, while retaining control of the Diego Garcia military base?
Which organization signed an MOU with the Ministry of Rural Development for DAY-NRLM?
Where is the 20th Association of Southeast Asian Nations (ASEAN) – India Summit being held recently?
Top two districts with the highest sex ratio in Uttrakhand?
According to the information provided by the Ministry of Finance, India’s gross domestic product (GDP) reached the _______in 2023, from around $2 tril...
Which bank became the first private sector bank to integrate both Unified Payments Interface (UPI) and National Common Mobility Card (NCMC) features in ...
Which Tata executive was appointed to the International Monetary Fund's (IMF) Advisory Council on Entrepreneurship and Growth?
Who, among the women from Uttarakhand, was recently recognized with the Commonwealth Youth Award?
Which of the following is not an indicator of “Performance Grading Index 2.0”?
Relevant for Exams:
