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Mr. Ramesh spends 50% of his monthly income on household items, and out of the remaining the spends 50% on transport, and out of the remaining 10% on entertainment and 5% on sport, and the remaining amount of Rs. 1020 saved. What is Mr. Ramesh's expenditure on transport?
- a)Rs. 2000
- b)Rs. 2200
- c)Rs. 1200
- d)Rs. 2600
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
Mr. Ramesh spends 50% of his monthly income on household items, and ou...
Salary spends in Household’s item = 50%
Transport = 50% of remaining salary
Entertainment and sports = (10 + 5) %
Remaining salary Household’s item = 50%
Transport = 50%
Entertainment and sports = 85%
Now, 1/2 * 1/2 * 17/20 * total salary = 1020
Total salary = Rs. 4800
Expenditure on transport = 4800 * 1/2 * 1/2 = Rs. 1200
Transport = 50% of remaining salary
Entertainment and sports = (10 + 5) %
Remaining salary Household’s item = 50%
Transport = 50%
Entertainment and sports = 85%
Now, 1/2 * 1/2 * 17/20 * total salary = 1020
Total salary = Rs. 4800
Expenditure on transport = 4800 * 1/2 * 1/2 = Rs. 1200
Most Upvoted Answer
Mr. Ramesh spends 50% of his monthly income on household items, and ou...
Given data:
- Mr. Ramesh spends 50% of his monthly income on household items.
- Out of the remaining, he spends 50% on transport.
- Out of the remaining, he spends 10% on entertainment and 5% on sport.
- The remaining amount of Rs. 1020 saved.
To find: Mr. Ramesh's expenditure on transport.
Solution:
Let Mr. Ramesh's monthly income be Rs. x.
- He spends 50% of x on household items, which is 0.5x.
- So, the remaining amount is (x - 0.5x) = 0.5x.
- He spends 50% of the remaining amount on transport, which is 0.25x.
- So, the remaining amount is (0.5x - 0.25x) = 0.25x.
- He spends 10% of the remaining amount on entertainment, which is 0.025x.
- He spends 5% of the remaining amount on sport, which is 0.0125x.
- The remaining amount is (0.25x - 0.025x - 0.0125x) = 0.2125x.
- According to the question, this remaining amount is Rs. 1020.
- So, 0.2125x = Rs. 1020.
- Solving for x, we get x = Rs. 4800.
- Therefore, Mr. Ramesh's expenditure on transport is 0.25x = 0.25 * 4800 = Rs. 1200.
Therefore, option (c) is the correct answer.
- Mr. Ramesh spends 50% of his monthly income on household items.
- Out of the remaining, he spends 50% on transport.
- Out of the remaining, he spends 10% on entertainment and 5% on sport.
- The remaining amount of Rs. 1020 saved.
To find: Mr. Ramesh's expenditure on transport.
Solution:
Let Mr. Ramesh's monthly income be Rs. x.
- He spends 50% of x on household items, which is 0.5x.
- So, the remaining amount is (x - 0.5x) = 0.5x.
- He spends 50% of the remaining amount on transport, which is 0.25x.
- So, the remaining amount is (0.5x - 0.25x) = 0.25x.
- He spends 10% of the remaining amount on entertainment, which is 0.025x.
- He spends 5% of the remaining amount on sport, which is 0.0125x.
- The remaining amount is (0.25x - 0.025x - 0.0125x) = 0.2125x.
- According to the question, this remaining amount is Rs. 1020.
- So, 0.2125x = Rs. 1020.
- Solving for x, we get x = Rs. 4800.
- Therefore, Mr. Ramesh's expenditure on transport is 0.25x = 0.25 * 4800 = Rs. 1200.
Therefore, option (c) is the correct answer.
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Mr. Ramesh spends 50% of his monthly income on household items, and out of the remaining the spends 50% on transport, and out of the remaining 10% on entertainment and 5% on sport, and the remaining amount of Rs. 1020 saved. What is Mr. Rameshs expenditure on transport?a)Rs. 2000b)Rs. 2200c)Rs. 1200d)Rs. 2600e)None of theseCorrect answer is option 'C'. Can you explain this answer?
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Mr. Ramesh spends 50% of his monthly income on household items, and out of the remaining the spends 50% on transport, and out of the remaining 10% on entertainment and 5% on sport, and the remaining amount of Rs. 1020 saved. What is Mr. Rameshs expenditure on transport?a)Rs. 2000b)Rs. 2200c)Rs. 1200d)Rs. 2600e)None of theseCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Mr. Ramesh spends 50% of his monthly income on household items, and out of the remaining the spends 50% on transport, and out of the remaining 10% on entertainment and 5% on sport, and the remaining amount of Rs. 1020 saved. What is Mr. Rameshs expenditure on transport?a)Rs. 2000b)Rs. 2200c)Rs. 1200d)Rs. 2600e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. Ramesh spends 50% of his monthly income on household items, and out of the remaining the spends 50% on transport, and out of the remaining 10% on entertainment and 5% on sport, and the remaining amount of Rs. 1020 saved. What is Mr. Rameshs expenditure on transport?a)Rs. 2000b)Rs. 2200c)Rs. 1200d)Rs. 2600e)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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