A man spends 40% of his income on food, 25% on rent, 15% on education and saves the rest. If his savings are Rs. 4500, find his income. MCQ with Answer and Explanation

Question

A man spends 40% of his income on food, 25% on rent, 15% on education and saves the rest. If his savings are Rs. 4500, find his income.

A. Rs. 27500

B. Rs. 20000

C. Rs. 22500

D. Rs. 25000

Answer: Option C

Solution (By JKSSB Mock Tests)

Spend % = 40+25+15 = 80%, save 20% = 4500, income = 4500/0.2 = 22500.

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

If 20% of a number is added to 60, the result is the number itself. Find the number.

A. 75

B. 70

C. 80

D. 85

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
0.2x + 60 = x → 0.8x = 60 → x = 75.

This question belongs to: Maths Percentage

Question #2

Share Report

If A is 20% more than B, then B is what percentage less than A?

A. 25%

B. 20%

C. 16.67%

D. 33.33%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
Formula: (R / (100 + R)) * 100. Here R = 20. (20 / 120) * 100 = 100 / 6 = 16.67%.

This question belongs to: Maths Percentage

Question #3

Share Report

The population of a town is 10,000. It increases by 10% annually. What will be the population after 2 years?

A. 12200

B. 11000

C. 12000

D. 12100

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
Population = P * (1 + R/100)^t = 10000 * (1.10)^2 = 10000 * 1.21 = 12100.

This question belongs to: Maths Percentage

Explore All Percentage MCQs