MBA
Exam
Numerical Ability
Percentage
Before an increment in Ram's salary,the total expenditure of the family was 60% of the total income.ram's salary was equal to the total savings of the family then if ram got 50% increment in his salary then what are the new total savings of the family as a percentage of its new total income if its expenditure is kept constant?pl. provide sol. 1) 33 1/3% 2) 50% 3) 66 2/3% 4) 40%
Read Solution (Total 1)
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- let income of family=100
expenditure= 60
saving= ram's income=40
after increasing ram's salary=40*150/100=60
saving increased=20
so new savings =60
total income becomes=100+20=120
so saving%=60/120*100=50%
option (2) is correct - 11 years agoHelpfull: Yes(0) No(0)
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