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Sohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much total amount did he spend on food and insurance policy together?
  • a)
    Rs.3146
  • b)
    Rs.3126
  • c)
    Rs.3136
  • d)
    Rs.3048
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Sohan spends 23% of an amount of money on an insurance policy, 33% on ...
C. Rs.3136 Explanation: Total amount = x Savings(%) [100 – (23 + 33 + 19 + 16 )]% = 9 %
9% of x = 504 => x = 504 * 100/9 = 5600 Amount spend on food and insurance policy together = 56% of 5600 = Rs.3136
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Most Upvoted Answer
Sohan spends 23% of an amount of money on an insurance policy, 33% on ...
's education and saves the remaining $4,680. What was the original amount of money?

Let's say the original amount of money is x.

Sohan spends 23% on an insurance policy:
Amount spent on insurance = 0.23x

Sohan spends 33% on food:
Amount spent on food = 0.33x

Sohan spends 19% on children's education:
Amount spent on education = 0.19x

Sohan saves the remaining amount:
Amount saved = x - (0.23x + 0.33x + 0.19x)
Amount saved = 0.25x

We know that the amount saved is $4,680:
0.25x = 4680

Solving for x:
x = 4680/0.25

The original amount of money was $18,720.
Community Answer
Sohan spends 23% of an amount of money on an insurance policy, 33% on ...
C. Rs.3136 Explanation: Total amount = x Savings(%) [100 – (23 + 33 + 19 + 16 )]% = 9 %
9% of x = 504 => x = 504 * 100/9 = 5600 Amount spend on food and insurance policy together = 56% of 5600 = Rs.3136
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Sohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much total amount did he spend on food and insurance policy together?a)Rs.3146b)Rs.3126c)Rs.3136d)Rs.3048Correct answer is option 'C'. Can you explain this answer?
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Sohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much total amount did he spend on food and insurance policy together?a)Rs.3146b)Rs.3126c)Rs.3136d)Rs.3048Correct answer is option 'C'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Sohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much total amount did he spend on food and insurance policy together?a)Rs.3146b)Rs.3126c)Rs.3136d)Rs.3048Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much total amount did he spend on food and insurance policy together?a)Rs.3146b)Rs.3126c)Rs.3136d)Rs.3048Correct answer is option 'C'. Can you explain this answer?.
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