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  • Question
  • Mr. Shankar spends 25% of his monthly salary on household expenditure, 20% of the remaining on children?s education, and the remaining is equally invested in three different schemes. If the amount invested in each scheme is Rs.5600, what is the monthly salary of Shankar ?


  • Options
  • A. Rs. 34000
  • B. Rs. 31245
  • C. Rs. 24315
  • D. Rs. 28000

  • Correct Answer
  • Rs. 28000 

    Explanation

    Let the monthly salary of Shankar be = Rs.x
    Amount invested on expenditure = 25% = x/4;
    Remaning amount = 3x/4;
    Amount invested on children education = 20% i.e = 3x/20;
    Remaining amount = 3x/4 - 3x/20 = 3x/5;
    Remaining amount invested in three different schemes i.e is 1/3(3x/5)
    => x/5 = 5600
    Therefore x = 28000
    Hence, Monthly salary of Shankar is Rs. 28,000.

  • Tags: AIEEE, Bank Exams, CAT, GATE, Analyst, Bank Clerk, Bank PO

    More questions

    • 1. 
      2508 ÷ 15.02 +? x 11 = 200

    • Options
    • A. 13
    • B. 8
    • C. 3
    • D. 4
    • Discuss
    • 2. 
      When the speed of a boat in still water is 4 km/h and the rate of stream is 2 km/h, find upstream speed of the boat.?

    • Options
    • A. 6 km/h
    • B. 5 km/h
    • C. 2 km/h
    • D. 7 km/h
    • Discuss
    • 3. 
      The sum of three consecutive odd number is 57. The middle one is?

    • Options
    • A. 19
    • B. 21
    • C. 23
    • D. 17
    • Discuss
    • 4. 
      Without stoppages, the speed of a train is 150 km/h and with stoppages, it is 100 km/h. How many minutes does the train stop?

    • Options
    • A. 20
    • B. 15
    • C. 25
    • D. 45
    • Discuss
    • 5. 
      Raman's present age is three times his daughter's and nine-thirteenth of his mother's present age. The sum of the present ages of all three of them is 125 yr. What is the difference between the present ages of Raman's daughter and Raman's mother?

    • Options
    • A. 45 yr
    • B. 40 yr
    • C. 50 yr
    • D. Connot be determined
    • Discuss
    • 6. 
      A boat running upstream takes 528 min to cover a certain distance, while it takes 240 min to cover the same distance running downstream. What is the ratio between the speed of the water current, respectively?

    • Options
    • A. 2 : 1
    • B. 3 : 2
    • C. 8 : 3
    • D. Couldn't be determined
    • Discuss
    • 7. 
      Ten years ago A was half of B in age. If the ratio of their present ages is 3 : 4. What will be the total of their present ages?

    • Options
    • A. 8 years
    • B. 20 years
    • C. 35 years
    • D. 45 years
    • Discuss
    • 8. 
      In ten years, A will be twice as old as B was 10 years ago. If A is now 9 years older then B. Find the present age of B?

    • Options
    • A. 39 year
    • B. 40 year
    • C. 36 year
    • D. 49 year
    • Discuss
    • 9. 
      Mahatma Gandhi was born on October 2, 1869. The day of the week was:

    • Options
    • A. Sunday
    • B. Monday
    • C. Saturday
    • D. Friday
    • Discuss
    • 10. 
      Change 75/100 into decimal number.

    • Options
    • A. 0.075
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