New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    The only expenses of Arun are on grocery, rent and fun

    expenses. Arun spent Rs. 2,750 on fun, amount spent by him on rent is Rs. 9,000 more than that on fun and amount spent on groceries is 160% of that on rent. If he saved 20% of his total income then, find his total income.
    A Rs. 41,250 Correct Answer Incorrect Answer
    B Rs. 41,625 Correct Answer Incorrect Answer
    C Rs. 43,375 Correct Answer Incorrect Answer
    D Rs. 52,875 Correct Answer Incorrect Answer
    E Rs. 51,750 Correct Answer Incorrect Answer

    Solution

    Initially, Arun’s rent expense = 2750 + 9000 = Rs. 11,750 Initially, Arun’s grocery expense = 11750 × (160/100) = Rs. 18,800 Initially, total expenses of Arun = 2750 + 11750 + 18800 = Rs. 33,300 = 80% of his income So, initial income of Arun = 33300 × 100/80 = Rs. 41,625

    Practice Next