New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Income of Neha is Rs. 39,000, out of which she spent 40%

    on daily expenses, 5% on phone bills and saves the rest. If her income is increased by 20% and she still saves the same, then what is the increase (in Rs.) in her overall expenses?
    A Rs.4,472 Correct Answer Incorrect Answer
    B Rs.9,250 Correct Answer Incorrect Answer
    C Rs.12,240 Correct Answer Incorrect Answer
    D Rs.6,200 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,\ Total expenses of Neha = 39,000 * (0.40 + 0.05) = 39,000 * 0.45 = Rs. 17,550 Therefore, savings of Neha = 39,000 - 17,550 = Rs. 21,450 Her increased income = 39,000 * 1.20 = Rs. 46,800 Her new expenses = 46,800 - 21,450 = Rs. 25,350 Required increase in her expenses = 25,350 - 17,550 = Rs. 7,800

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