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

    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?
    A 42600 Correct Answer Incorrect Answer
    B 45500 Correct Answer Incorrect Answer
    C 57600 Correct Answer Incorrect Answer
    D 52400 Correct Answer Incorrect Answer

    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.

    Practice Next

    Relevant for Exams: