Question
In January 2023, Arti paid EMI which was 22 percent of
her monthly salary. She paid the remaining amount on shopping on groceries and purchased clothes at the ratio of 7:5. She purchased clothes and spent 15600. If her salary increased by 20% in February, what was her salary in February?Solution
Let the income be x. The amount given to Emi = 22x/100 = 11x/50 Remaining amount = 39x/50 Expense on clothing = 5/12 x 39x/50 = 13x/40 13x/40 = 15,600 x = 1200 × 40 x = 48000 If, in February 2023, her salary increased by 20%: =48000 × 120/100 = 57600 Her salary (in Rs.) in February is 57600. Trick- February’s salary = 15600×12/5 × (100+20/100-22) =3120×12 ×120/78 =40×12×120 =57600.
Which of the following is true about the discounting of bill of banks?
I. Banks provide short-term finance by discounting bills, by making pay...
Maximum limit of SLR is
In BCBS, 'S' stands for ?
Which govt. body has authority to inspect state cooperative banks, central co-operative banks under B & A 1949 ?
Which of the following is true about role of Banks?
I. It facilitates import export transactions.
II. It helps in national development by ...
Arrangement made for the likely loss in the profit and loss account while finalizing accounts of banks is known as...............................
Minimum amount of Certificate of Deposit isÂ
What is Net Banking?
KYC used in the Banks in India, the main aim for using KYC in bank is_____
The first RRB was set up at
Relevant for Exams:
