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    Question

    Monthly savings of ‘A’ is Rs. 600 more than his

    monthly expenditure and his total monthly income is Rs. 5000. If his monthly income is increased by 40% and his monthly savings is increased by 37.5%, then find the increase in his monthly expenditure
    A Rs. 920 Correct Answer Incorrect Answer
    B Rs. 940 Correct Answer Incorrect Answer
    C Rs. 950 Correct Answer Incorrect Answer
    D Rs. 910 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Monthly savings of ‘A’ = (5000 + 600)/2 = Rs. 2800 Monthly expenditure of ‘A’ = 5000 – 2800 = Rs. 2200 Increased monthly expenditure of ‘A’ = 1.40 × 5000 – 1.375 × 2800 = Rs. 3150 Desired increase = 3150 – 2200 = Rs. 950

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