A man spends 65% of his income and saves Rs. 17500. His income is: MCQ with Answer and Explanation

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A man spends 65% of his income and saves Rs. 17500. His income is:

A. 45000

B. 48000

C. 50000

D. 52000

Answer: Option C

Solution (By JKExamLibrary)

35% = 17500, income = 17500/0.35 = 50000.

This question belongs to: Maths Percentage

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Practice More Percentage Questions

Question #1

Difference between SP at 12% profit and 8% loss is Rs. 60. CP:

A. 320

B. 250

C. 300

D. 280

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Correct Answer: Option C

Explanation:
1.12CP - 0.92CP = 0.2CP = 60 → CP = 300.

This question belongs to: Maths Percentage

Question #2

A number is increased by x% and then decreased by x%. The net decrease is 4%. Find x.

A. 18

B. 20

C. 15

D. 10

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Correct Answer: Option B

Explanation:
(1 + x/100)(1 - x/100) = 1 - (x²/10000) = 0.96 → x² = 400 → x = 20.

This question belongs to: Maths Percentage

Question #3

Allows 15% discount, still gains 19% profit. Markup % on CP:

A. 40%

B. 30%

C. 35%

D. 38%

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Correct Answer: Option A

Explanation:
CP=100, SP=119, MP=119/0.85=140, markup 40%.

This question belongs to: Maths Percentage

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