📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      A person spends 18% of his income on investments and 22%

      of the remaining income on household expenses. If the amount spent on investments is Rs. 9,000, then find the amount spent on household expenses.
      A Rs.9,020 Correct Answer Incorrect Answer
      B Rs.6,350 Correct Answer Incorrect Answer
      C Rs.8,500 Correct Answer Incorrect Answer
      D Rs.5,475 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let the income of the person be Rs. x.
      Amount spent on investments = 0.18x = Rs. 9,000
      Total income = 9,000 ÷ 0.18 = Rs. 50,000
      Amount spent on household expenses = 0.22 × (0.82x) = 0.1804x = 50,000 × 0.1804 = Rs. 9,020

      Practice Next
      ask-question