A man's income is Rs. 25000. He spends 40% on food, 30% on rent, 20% on other items and saves the rest. By what percent should he reduce his food expenditure to increase his savings by 20%? MCQ with Answer and Explanation
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Question #1
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Income Rs. 25000, spends 64%. Income rises 20%, savings to increase 50%. % increase in expenditure:
Correct Answer: Option C
Explanation:
Initial: inc 25000, exp 16000, sav 9000. New inc 30000, sav 13500, exp 16500. Increase 500 on 16000 = 3.125%.
Initial: inc 25000, exp 16000, sav 9000. New inc 30000, sav 13500, exp 16500. Increase 500 on 16000 = 3.125%.
This question belongs to:
Maths
Percentage
Question #2
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In a city, 55% read newspaper A, 45% read B, 20% read both. % reading exactly one newspaper:
Correct Answer: Option D
Explanation:
Only A = 55-20=35%, only B=45-20=25%, exactly one = 60%.
Only A = 55-20=35%, only B=45-20=25%, exactly one = 60%.
This question belongs to:
Maths
Percentage
Question #3
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Batsman scored 110 runs with 3 fours, 8 sixes. % runs from running:
Correct Answer: Option C
Explanation:
Boundary runs = 12+48=60, running=50. % = (50/110)×100 ≈ 45.45%.
Boundary runs = 12+48=60, running=50. % = (50/110)×100 ≈ 45.45%.
This question belongs to:
Maths
Percentage
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