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 income of Ram is 12$1/2$% more than that of Shyam, the income of Shyam is less than that of Ram by

(a) 87$1/2$%

(b) 13$1/2$%

(c) 11$1/9$%

(d) 88$1/9$%

The correct answers to the above question in:

Answer: (c)

Using Rule 8,

Tricky approach

Required %= ${R ×100}/{100 ±R}$

Required % =${12.5 × 100}/{100 + 12.5}$

= $1250/112.5 = 100/9 = 11{1}/9$

Practice percentage (model 5 income & expenditure) Online Quiz

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Read more income expenditure Based Quantitative Aptitude Questions and Answers

Question : 1

A worker suffers a 20% cut in his wages. He may regain his original wages by obtaining a rise of

a) 22.5%

b) 25.0%

c) 27.5%

d) 20.0%

Answer: (b)

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 of increase = $r/{100 – r}× 100$

= $20/{100 – 20}× 100$

= $20/80×100$ = 25%

Question : 2

The allowances of an empolyee constitutes 165% of his basic pay. If he receives Rs.11925 as gross salary, then his basic pay is (in Rs.) :

a) 4500

b) 5000

c) 4000

d) 5500

Answer: (a)

Basic pay of the employee

= $11925 × 100/265$ = Rs.4500

Question : 3

Tulsiram's salary is 20% more than that of Kashyap. If Tulsiram saves Rs.720 which is 4% of his salary, then Kashyap's salary is

a) Rs.10,000

b) Rs.12,000

c) Rs.15,000

d) Rs.22,000

Answer: (c)

Let Tulsiram's salary be Rs.x.

${x × 4}/100 =720$

x = ${720 × 100}/4$= Rs.18000

Kashyap's salary = Rs.$(100/120 × 18000)$ = Rs.15000

Question : 4

The income of C is 20% more than B's and the income of B is 25% more than A's. Find by how much per cent is C's income more than A's ?

a) 25%

b) 50%

c) 150%

d) 35%

Answer: (b)

Suppose income of A = Rs.100

Income of B = Rs.125

Income of C = Rs.150

Required percentage = ${50 × 100}/100$ = 50%

Question : 5

A's salary is 25% more than B's salary. B's salary is how much less than A's salary ?

a) 25 %

b) 24 %

c) 20 %

d) 27.5 %

Answer: (c)

Using Rule 8,

Required percentage = $25/125 ×100 = 20%$

Question : 6

The monthly income of a person was Rs.13,500 and his monthly expenditure was Rs.9,000. Next year his income increased by 14% and his expenditure increased by 7%. The per cent increase in his savings was

a) 28%

b) 21%

c) 7%

d) 35%

Answer: (a)

Original savings = Rs.(13500 – 9000) = Rs.4500

New income = 114% of Rs.13500 = Rs.(114 × 135) = Rs.15390

New expenditure = 107% of Rs.9000 = Rs.(107 × 90) = Rs.9630

New savings = Rs.(15390 – 9630) = Rs.5760

Percentage increase in savings = ${5760 – 4500}/4500$ × 100

= $1260/45$ = 28%

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