Question
Initially, Meena had a salary of Rs. 45,000 and her
expenses to savings were in the ratio 5:4. After her salary increase, she spent 10% less and saved 50% more. What was the increment in her salary?Solution
ATQ,
Initially, expenditure of Meena = 45000 × (5/9) = Rs. 25,000
Initially, savings of Meena = 45000 × (4/9) = Rs. 20,000
After salary hike, expenditure = 25000 × (90/100) = Rs. 22,500
After salary hike, savings = 20000 × (150/100) = Rs. 30,000
So, increased salary = 22500 + 30000 = Rs. 52,500
Required salary hike = 52500 – 45000 = Rs. 7,500
Consider the following Statements and choose the option with correct Statements.
I- Jal Jeevan Mission was launched in 2019 as a Central Sector ...
Determine the cash flow from investing activities during the year based on the following: Cash flow from operating activities: 180,000 Cash flow from fi...
Samarth is a flagship skill development scheme approved in continuation to the Integrated Skill Development Scheme in which sector?
Digital lending guidelines issued by the RBI in 2022 emphasized which of the following?
What distinguishes a credit union from a commercial bank?
How much is the authorised capital of NARCL (Bad Bank) ?
As per which convention, trivial transactions can be ignored?
Which of the following is not a feature of the cellular manufacturing?
Which of the following is not correctly matched:
Ministry                                          ...
How many Infrastructure Investment Trusts (InvITs) were registered at the end of the period 2023-24, as per SEBI Annual Report 2023-24? Â
