Arithmetic Ability
Profit and Loss

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Q.

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 ?

View Answer

Correct choice: C

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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