Question

    Monthly savings of ‘A’ is Rs. 1100 more than his

    monthly expenditure and his total monthly income is Rs. 6500. 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. 1275 Correct Answer Incorrect Answer
    B Rs. 1375 Correct Answer Incorrect Answer
    C Rs. 1175 Correct Answer Incorrect Answer
    D Rs. 1125 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Monthly savings of ‘A’ = (6500 + 1100)/2 = Rs. 3800 Monthly expenditure of ‘A’ = 6500 – 3800 = Rs. 2700 Increased monthly expenditure of ‘A’ = 1.40 × 6500 – 1.375 × 3800 = Rs. 3875 Desired increase = 3875 – 2700 = Rs. 1175

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