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  • Question
  • A man?s average monthly expenditure for the first four months of the year was Rs. 231.25. For the next five months, the average monthly expenditure was Rs. 22.75 more than what it was during the first four months. If the person spent Rs. 605 in all during the remaining three months of the year, find what percentage of his annual income of Rs. 3500 did he save in the year?


  • Options
  • A. 10%
  • B. 15%
  • C. 20%
  • D. 25%

  • Correct Answer
  • 20% 

    Explanation

    A man's average monthly expenditure for the first four months of the year = Rs.231.25.
    For four month = 231.25 * 4 = Rs. 925
    For next five month he spend = 231.25 + 22.75 for one month.
    In five month he spend = (231.25 + 22.75) X 5 = 1270
    If the person spent Rs. 605 in all during the remaining three months of the year,
    Total expense = 925+1270+605= 2800
    Saving = 3500-2800 = 700
    % saving = 700/3500 * 100 = 20%

  • Tags: Bank Exams

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    • 1. 20% of a man's salary is paid as rent, 60% are his living expenses and 10% are his savings. If he spends remaining 30 on the education of his children, find his salary

    • Options
    • A. 300
    • B. 900
    • C. 3000
    • D. 9000
    • Discuss
    • 2. After two successive discounts of 20% and 35%, an article is sold for Rs 50700. What is the marked price (in Rs) of the article?

    • Options
    • A. 92500
    • B. 98500
    • C. 97500
    • D. 94000
    • Discuss
    • 3. Every month, Kritika spends 30% of her income on house rent and 60% of the rest on household expenditure. If she saves ? 6300 per month, what is her total monthly income?

    • Options
    • A. ? 22,000
    • B. ? 20,500
    • C. ? 22,500
    • D. ? 25,000
    • Discuss
    • 4. A student multiplied a number by 4/5 instead of 5/4. What is the percentage error in the calculation?

    • Options
    • A. 56.25 percent
    • B. 18 percent
    • C. 28.13 percent
    • D. 36 percent
    • Discuss
    • 5. A student multiplied a number by 5/6 instead of 6/5. What is the percentage error in the calculation?

    • Options
    • A. 44 percent
    • B. 30.56 percent
    • C. 15.28 percent
    • D. 22 percent
    • Discuss
    • 6. A sum of Rs. 2600 is lent out into two parts, one at 9% and another at 7% if the total annual income is Rs. 206, find the money lent at 7%.

    • Options
    • A. Rs. 1400
    • B. Rs. 900
    • C. Rs. 1600
    • D. Rs. 1200
    • Discuss
    • 7. In an election between two candidates 70% of the voters cast their votes, out of which 2% of the votes were declared invalid. A candidate got 7203 votes which was 60% of the total valid votes. Find the total number of voters enrolled in that election.

    • Options
    • A. 18050
    • B. 17500
    • C. 17000
    • D. 7203
    • Discuss
    • 8. 75 pupils from a school appeared for an examination and 80% of them passed. Another school entered 10 more pupils than the first school and five pupils less than the first school passed. The pass % of in the second school was :

    • Options
    • A. 75%
    • B. 84%
    • C. 72%
    • D. 64.7%
    • Discuss
    • 9. A person scores 45% of the total marks in the exam and still fails by 40 marks. The passing percentage of the exam is 55%. What is the maximum marks of the exam?

    • Options
    • A. 300
    • B. 400
    • C. 350
    • D. 550
    • Discuss
    • 10. If the simple interest on Rs. 400 for 10 years is Rs. 280, then rate of interest per annum is

    • Options
    • A. 7%
    • B. 712%
    • C. 714%
    • D. D)
    • Discuss


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