After spending 80% of his income, a man saves Rs. 3000. His income is: MCQ with Answer and Explanation

After spending 80% of his income, a man saves Rs. 3000. His income is:
A. 15000
B. 16000
C. 14000
D. 12000
Answer: Option A
Solution (By JKSSB Mock Tests)
Savings 20% = 3000, income = 3000/0.2 = 15000.

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Practice More Percentage Questions

Question #1
A man spends 30% on rent, 20% of the remainder on food, and 25% of the next remainder on education. If he saves Rs. 5460, find his monthly income.
A. Rs. 12500
B. Rs. 12000
C. Rs. 13000
D. Rs. 13500

Correct Answer: Option C


Explanation:
Rent 30%, left 70%. Food 20% of 70%=14% of income, left 56%. Education 25% of 56%=14% of income, left 42% = 5460 → income = 5460/0.42 = 13000.

This question belongs to: Maths Percentage
Question #2
The present value of a machine is 7,290. If it depreciates by 10% yearly, what was its value 3 years ago?
A. 9000
B. 11000
C. 10000
D. 12000

Correct Answer: Option C


Explanation:
V_past = 7290 / (0.90)^3 = 7290 / 0.729 = 10000.

This question belongs to: Maths Percentage
Question #3
What is 15% of 60?
A. 15
B. 6
C. 9
D. 12

Correct Answer: Option C


Explanation:
15% of 60 = (15 / 100) * 60 = 9.

This question belongs to: Maths Percentage