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      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?
      A Rs.7500 Correct Answer Incorrect Answer
      B Rs.5600 Correct Answer Incorrect Answer
      C Rs.9500 Correct Answer Incorrect Answer
      D Rs.3500 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ,

      Initially, expenditure of Meena = 45000 Γ— (5/9) = Rs. 25,000

      Initially, savings of Meena = 45000 Γ— (4/9) = Rs. 20,000

      After salary hike, expenditure = 25000 Γ— (90/100) = Rs. 22,500

      After salary hike, savings = 20000 Γ— (150/100) = Rs. 30,000

      So, increased salary = 22500 + 30000 = Rs. 52,500

      Required salary hike = 52500 – 45000 = Rs. 7,500

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