model 5 income & expenditure Practice Questions Answers Test with Solutions & More Shortcuts

Question : 16 [SSC CGL Prelim 2005]

Given that 10% of A's income = 15% of B's income = 20% of C's income. If sum of their income is Rs.7800, then B's income is:

a) Rs.2400

b) Rs.3000

c) Rs.3600

d) Rs.1800

Answer: (a)

10% of A = 15% of B = 20% of C

10A = 15B = 20C

${10A}/60 = {15B}/60 = {20C}/60$

$A/6 = B/4 = C/3$

A : B : C = 6 : 4 : 3

6x + 4x + 3x = 7800

13 x = 7800

x = $7800/13$ = 600

B's income = 4x = 600 × 4 = Rs.2400

Question : 17 [SSC DEO 2008]

A man spends 40% of his monthly salary on food and one-third of the remaining on transport. If he saves Rs.4,500 per month, which is equal to half the balance after spending on food and transport, his monthly salary is

a) Rs.25,000

b) Rs.22,500

c) Rs.11,250

d) Rs.45,000

Answer: (b)

Suppose monthly income of the man is Rs. x.

Expenditure on food = 40% of x = Rs.${2x}/5$

Remaining amount = x - ${2x}/5= Rs.{3x}/5$

Expenditure on transport = $1/3 × {3x}/5 = Rs.x/5$

Remaining amount = ${3x}/5 - x/5 = {2x}/5$

According to question $1/2 × {2x}/5 = 4500$

x = 4500 × 5 = Rs.22,500

Question : 18 [SSC CGL Tier-I 2010]

If A's income is 25% less than B's income, by how much percent is B's income more than that of A ?

a) 33$1/3$%

b) 30%

c) 25%

d) 66$2/3$%

Answer: (a)

Using Rule 9,

Shortcut method

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

= $100/3 = 33{1}/3%$

Question : 19 [SSC SO 2005]

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%

Question : 20

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 = $25/125 ×100 = 20%$

IMPORTANT quantitative aptitude EXERCISES

model 5 income & expenditure Shortcuts »

Click to Read...

model 5 income & expenditure Online Quiz

Click to Start..

Recently Added Subject & Categories For All Competitive Exams

New 150+ Percentage Questions For IBPS Clerk Prelims 2024

Free Top Percentage Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz PDF & Mock Test for IBPS Clerk Prelims 2024 Exam

04-May-2024 by Careericons

Continue Reading »

Classification Reasoning MCQ For IBPS Clerk Prelims 2024

Most Important 100+ Classification based Verbal Reasoning Ability Multiple choice questions and answers PDF, Free New Mock tests For IBPS Clerk Prelims 2024

03-May-2024 by Careericons

Continue Reading »

Ratio and Proportion Questions with Solutions, IBPS Clerk

New Ratio and Proportion Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz & Mock Test for IBPS Clerk Prelims 2024 Exam

02-May-2024 by Careericons

Continue Reading »

Top Analogy Reasoning Ability For IBPS Clerk Prelims 2024

Most Important Analogy based Verbal Reasoning Multiple choice questions and answers practice quiz series PDF, Free New Mock tests For IBPS Clerk Prelims 2024

01-May-2024 by Careericons

Continue Reading »