model 5 income & expenditure Section-Wise Topic Notes With Detailed Explanation And Example Questions

MOST IMPORTANT quantitative aptitude - 11 EXERCISES

Top 10,000+ Aptitude Memory Based Exercises

The following question based on percentage topic of quantitative aptitude

Questions : If the monthly salary of an employee is increased by 2$2/3$% , he gets 72 rupees more. His monthly salary (in rupees) is

(a) 2700

(b) 3600

(c) 7200

(d) 2000

The correct answers to the above question in:

Answer: (a)

Suppose monthly income = Rs.x

Then, $8/3$% of x = 72

x × $8/300$ = 72

${72× 300}/8$ = Rs.2700

Practice percentage (model 5 income & expenditure) Online Quiz

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Read more income expenditure Based Quantitative Aptitude Questions and Answers

Question : 1

Income of A is 10% more than income of B. Let B's income be x% less than A's income. Find x.

a) 11%

b) 10$1/11$%

c) 9$1/11$%

d) 10%

Answer: (c)

Using Rule 8,

Simple method

x = $(10/{100 + 10} × 100)$%

= $(1000/110)% = (100/11)% = 9{1}/11%$

Note : If A is r% more than B, then B is

$(r/{100 + r} × 100)$% less than A

Question : 2

A's salary is 40% of B's salary and B's salary is 25% of C's salary. What percentage of C's salary is A's salary ?

a) 15%

b) 10%

c) 5%

d) 20%

Answer: (b)

Let B's salary = Rs.100

C's salary = Rs.400

and A's salary = Rs.40

Required percentage = $40/400 ×100$ = 10%

Question : 3

A person gave 20% of his income to his elder son, 30% of the remaining to the younger son and 10% of the balance, he donated to a trust. He is left with Rs.10080. His income was :

a) Rs.30000

b) Rs.40000

c) Rs.50000

d) Rs.20000

Answer: (d)

Let income be Rs.100

Sum given to elder son = 20% of Rs.100 = Rs.20

Remaining Sum = Rs. 80

Sum given to younger son = 30% of Rs.80 = Rs.24

Remaining sum = Rs.(80 – 24) = Rs. 56

Sum given to the trust = 10% of Rs.56 = Rs.5.6

Remaining sum = Rs.(56 – 5.6) = Rs.50.4

When Rs.50.4 remains, total income = Rs.100

When Rs.10080 remains, total income = ${100 × 10080}/50.4$ = Rs.20000

Using Rule 20,

If a person saves ‘R' rupees after spending x% on food, y% on cloth and z% on entertainment of his income then,

Monthly income = $100/{100 - (x + y +z)}× R$

Here, R = Rs.10080; x = 20%, y = 30%, and z = 10%

Monthly income = $100/{100 – (20 +24 + 5.6)} ×10080$

= $1008000/{100 – 49.6} = 1008000/50.4 = 20,000$

Question : 4

If Nita's salary is 25 per cent more than Papiya's salary, then the percentage by which Papiya's salary is less than Nita's salary is

a) 25%

b) 20%

c) 15%

d) 32%

Answer: (b)

Using Rule 8,

If the income of a man is A% more than another man, then income of another man is less in comparison to the 1st man by

$(A/(100 + A)× 100)%$

Required percentage = $25/{100 + 25} × 100$

$25/125 × 100$ = 20%

Question : 5

A man spends 12$1/2$% of his salary on items of daily use and 30% of the remainder on house rent. After that he is left with Rs.2940. How much is his salary ?

a) Rs.4500

b) Rs.5200

c) Rs.4800

d) Rs.4000

Answer: (c)

Let man's salary be Rs.x.

His expenditure on items of daily use

= $25/2% of x ={25×x}/200 = x/8$

So, remaining amount

=$ x - x/8 = Rs.{7x}/8$

Expenditure on house rent

= 30% of Rs.${7x}/8$

$30/100 × {7x}/8 = Rs.{21x}/80$

Now, remaining amount = ${7x}/8 - {21x}/80$

= ${70x - 21x}/80 = Rs.{49x}/80$

According to the question,

${49x}/80 = 2940$

x =${2940 × 80}/49$ = Rs.4800

Aliter : Using Rule 20,

His salary = ${100 × 2940}/{100 – (25/2 + 26.25)}$

= ${100 × 2940}/{100 – (12.5+ 26.25)}$

= $294000/61.25$ = Rs.4800

Question : 6

If A's income is 40% less than that of B, how much percent B's income is more than that of A?

a) 66.66%

b) 40%

c) 60%

d) 33.33%

Answer: (a)

Using Rule 9,

If ‘x' is A% less than ‘y', then y is more than ‘x' by

Required% = $(A/(100 - A)× 100)%$(increase)

Required percentage = $x/{100 - x} × 100$

= $40/60 × 100 = 200/3$= 66.66%

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