Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Question 114
Mr.Davar spends 38% of his monthly income on food 25% on children’s education and 12% on transport and the remaining amount of Rs 5,800 he saves.What is Mr.Davar’s monthly income ?
Solution
The total percentage of his income that Mr. Davar spends equals 38% + 25% + 12% = 75%
Hence, the percentage of his monthly income that Mr. Davar saves is 100-75 = 25%
This equals Rs. 5,800
Hence, Mr. Davar's monthly income equals 5800 * 100/25 = Rs. 23,200
Create a FREE account and get:
- Banking Quant Shortcuts PDF
- Free Banking Study Material - (15000 Questions)
- 135+ Banking previous papers with solutions PDF
- 100+ Online Tests for Free
