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A man saves 20% of his monthly salary. If an account of dearness of things he is to increase his monthly expenses by 15%, he is only able to save Rs. 400 per month. What is his monthly salary ?

Rs. 6000
Rs. 4500
Rs. 5000
Rs. 6500

Correct Answer: Rs. 5000

Explanation:

Income = Rs. 100

Expenditure = Rs. 80

Savings = Rs. 20

Present Expenditure 80x(15/100) = Rs. 12 = 80 + 12 = Rs. 92

Present Savings = 100 – 92 = Rs. 8

100 ------ 8
? --------- 400 => 5000

His salary = Rs. 5000

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