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    Question

    Ravi spends 20% of his income on house rent, 30% on

    groceries, 50% of the remaining on entertainment, and saves the rest. If the amount spent on groceries is Rs. 9,000, then find his savings.
    A Rs.7,680 Correct Answer Incorrect Answer
    B Rs.7,500 Correct Answer Incorrect Answer
    C Rs.9,520 Correct Answer Incorrect Answer
    D Rs.5,100 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the total income of Ravi be Rs. β€˜100m’
    Amount spent on rent = 0.20 Γ— 100m = Rs. β€˜20m’
    Amount spent on groceries = 0.30 Γ— 100m = Rs. β€˜30m’
    Remaining income = 100m βˆ’ 20m βˆ’ 30m = Rs. β€˜50m’
    Amount spent on entertainment = 0.5 Γ— 50m = Rs. β€˜25m’
    Savings = 50m βˆ’ 25m = Rs. β€˜25m’
    Now, 30m = 9,000
    Or, m = 300
    Therefore, savings = 25m = 25 Γ— 300 = Rs. 7,500

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