A man's income Rs. 15000. Spends 40% food, 20% rent, 15% education, 10% others. By what % reduce food expenditure to increase savings by 25%? MCQ with Answer and Explanation

Question

A man's income Rs. 15000. Spends 40% food, 20% rent, 15% education, 10% others. By what % reduce food expenditure to increase savings by 25%?

A. 12.5%

B. 9.375%

C. 10%

D. 8.5%

Answer: Option B

Solution (By JKSSB Mock Tests)

Present savings 15% = 2250, food=6000. New savings 2812.5, increase 562.5 from food reduction. % reduction = (562.5/6000)×100 = 9.375%.

This question belongs to: Maths Percentage

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Percentage Questions

Question #1

Share Report

Population 2,00,000. First year +8%, second year -5%. Population after 2 years:

A. 2,07,600

B. 2,08,800

C. 2,06,400

D. 2,05,200

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
2,00,000 × 1.08 × 0.95 = 2,05,200.

This question belongs to: Maths Percentage

Question #2

Share Report

35% of 240 is:

A. 84

B. 78

C. 72

D. 90

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
0.35 × 240 = 84.

This question belongs to: Maths Percentage

Question #3

Share Report

Ratio of two numbers 5:7. First increased 10%, second 20%. New ratio:

A. 11:14

B. 55:84

C. 13:17

D. 5:7

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
First = 5.5, second = 8.4, ratio = 55:84.

This question belongs to: Maths Percentage

Explore All Percentage MCQs