A person spends 80% of his income and saves Rs. 1500. Find his income. MCQ with Answer and Explanation

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A person spends 80% of his income and saves Rs. 1500. Find his income.

A. 8000

B. 7000

C. 7500

D. 6000

Answer: Option C

Solution (By JKSSB Mock Tests)

Savings = 20%. 20% of Income = 1500. Income = 1500 * 5 = 7500.

This question belongs to: Maths Percentage

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Cost of 25 items = SP of 20 items. Profit %:

A. 22.5%

B. 25%

C. 30%

D. 20%

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Correct Answer: Option B

Explanation:
Profit = (5/20)×100 = 25%.

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Question #2

Price of TV increased 30% then decreased 30%. Net change:

A. 6% decrease

B. 9% decrease

C. No change

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Correct Answer: Option B

Explanation:
1.3 × 0.7 = 0.91, 9% decrease.

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Question #3

In an election, a candidate got 55% of the total votes and won by 500 votes. Find the total number of votes cast.

A. 4000

B. 5000

C. 5500

D. 4500

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Correct Answer: Option B

Explanation:
Winner = 55%, Loser = 45%. Difference = 10%. 10% of Total = 500. Total = 5000.

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