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

    Question

    Person A spends 40% more than what he saves. He

    allocates 30% of his total spending to cover his rent expenses. If he pays Rs. 2100 as rent, what is his total income?
    A Rs.12,000 Correct Answer Incorrect Answer
    B Rs.10,000 Correct Answer Incorrect Answer
    C Rs.14,000 Correct Answer Incorrect Answer
    D Rs.16,000 Correct Answer Incorrect Answer
    E Rs.9,600 Correct Answer Incorrect Answer

    Solution

    Let the savings of ‘A’ be Rs. ‘x’ So, expenditure of ‘A’ = x × 1.4 = Rs. ‘1.4x’ Income of ‘A’ = x + 1.4x = Rs. ‘2.4x’ Amount spent on rent = 2100 ATQ; 1.4x × 0.3 = 2100 Or, 0.42x = 2100 So, x = 5000 So, income of ‘A’ = 5000 × 2.4 = Rs.12,000

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