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Directions: Read the data carefully and answer the following questions.
Below tabular data shows monthly salary in hundreds with expenditure and savings of six persons. While preparing the data table a few pieces of data are missing.
(Note: total saving of all persons combined together = 48450)
Q. If salary of Jay and Krish increase by 10% and 15% respectively while expenditure on Miscellaneous items increased by 15% and 20% respectively and other remains the same then what is the difference of saving of Jay and Krish?
  • a)
    3745
  • b)
    3575
  • c)
    3850
  • d)
    3755
  • e)
    3865
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Directions: Read the data carefully and answer the following question...
Expenditure and Saving of Persons can be calculated as
Saving = (Salary - Total expenditure)
JAY:
Salary = 35000
Rent = 35000 x 18/100 = 6300
Grocery = 35000 x 36/100 = 12600
Miscellaneous = 7700
Saving = (35000 - (6300 + 12600 + 7700)) = 8400
Ram:
Salary = 45000
Grocery = 45000 x 28/100 = 12600
Miscellaneous = 14400
Saving = 12600
Rent = (45000 - (12600 + 14400 + 12600)) = 5400
Divya:
Salary = 42500
Rent = 42500 x 30/100 = 12750
Grocery = 42500 x 20/100 = 8500
Saving = 10200
Miscellaneous = (42500 - (12750 + 8500 + 10200)) = 11050
Kavita:
Salary = 30000
Grocery = 30000 x 36/100 = 10800
Miscellaneous = 6600
Saving = 7200
Rent = (30000 - (10800 + 6600 + 7200)) = 5400
Krish:
Salary = 28000
Rent = 28000 x 20/100 = 5600
Grocery = 28000 x 40/100 = 11200
Miscellaneous = 7000
Saving = 28000 - (5600 + 11200 + 7000) = 4200
Vijay:
Salary = 22500
Rent = 22500 x 20/100 = 4500
Miscellaneous = 8100
Saving = (48450 - (8400 + 12600 + 10200 + 7200 + 4200) = 5850
Grocery = (22500 - 4500 + 8100 + 5850 = 4050
Based on above data we gets following results:
Increased salary of Jay = 35000 x 110/100 = 38500
Increased Miscellaneous expenditure = 7700 x 115/100 = 8855
Savings of Jay = (38500 - (8855 + 6300 + 12600)) = 10745
Increased salary of Krish = 28000 x 115/100 = 32200
Increased Miscellaneous expenditure = 7000 x 120/100 = 8400
Savings of Krish = (32200 - (8400 + 5600 + 11200)) = 7000
Required difference = (10745 - 7000) = 3745
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Most Upvoted Answer
Directions: Read the data carefully and answer the following question...
Expenditure and Saving of Persons can be calculated as
Saving = (Salary - Total expenditure)
JAY:
Salary = 35000
Rent = 35000 x 18/100 = 6300
Grocery = 35000 x 36/100 = 12600
Miscellaneous = 7700
Saving = (35000 - (6300 + 12600 + 7700)) = 8400
Ram:
Salary = 45000
Grocery = 45000 x 28/100 = 12600
Miscellaneous = 14400
Saving = 12600
Rent = (45000 - (12600 + 14400 + 12600)) = 5400
Divya:
Salary = 42500
Rent = 42500 x 30/100 = 12750
Grocery = 42500 x 20/100 = 8500
Saving = 10200
Miscellaneous = (42500 - (12750 + 8500 + 10200)) = 11050
Kavita:
Salary = 30000
Grocery = 30000 x 36/100 = 10800
Miscellaneous = 6600
Saving = 7200
Rent = (30000 - (10800 + 6600 + 7200)) = 5400
Krish:
Salary = 28000
Rent = 28000 x 20/100 = 5600
Grocery = 28000 x 40/100 = 11200
Miscellaneous = 7000
Saving = 28000 - (5600 + 11200 + 7000) = 4200
Vijay:
Salary = 22500
Rent = 22500 x 20/100 = 4500
Miscellaneous = 8100
Saving = (48450 - (8400 + 12600 + 10200 + 7200 + 4200) = 5850
Grocery = (22500 - 4500 + 8100 + 5850 = 4050
Based on above data we gets following results:
Increased salary of Jay = 35000 x 110/100 = 38500
Increased Miscellaneous expenditure = 7700 x 115/100 = 8855
Savings of Jay = (38500 - (8855 + 6300 + 12600)) = 10745
Increased salary of Krish = 28000 x 115/100 = 32200
Increased Miscellaneous expenditure = 7000 x 120/100 = 8400
Savings of Krish = (32200 - (8400 + 5600 + 11200)) = 7000
Required difference = (10745 - 7000) = 3745
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Directions: Read the data carefully and answer the following questions.Below tabular data shows monthly salary in hundreds with expenditure and savings of six persons. While preparing the data table a few pieces of data are missing.(Note: total saving of all persons combined together = 48450)Q. If salary of Jay and Krish increase by 10% and 15% respectively while expenditure on Miscellaneous items increased by 15% and 20% respectively and other remains the same then what is the difference of saving of Jay and Krish?a)3745b)3575c)3850d)3755e)3865Correct answer is option 'A'. Can you explain this answer?
Question Description
Directions: Read the data carefully and answer the following questions.Below tabular data shows monthly salary in hundreds with expenditure and savings of six persons. While preparing the data table a few pieces of data are missing.(Note: total saving of all persons combined together = 48450)Q. If salary of Jay and Krish increase by 10% and 15% respectively while expenditure on Miscellaneous items increased by 15% and 20% respectively and other remains the same then what is the difference of saving of Jay and Krish?a)3745b)3575c)3850d)3755e)3865Correct answer is option 'A'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions: Read the data carefully and answer the following questions.Below tabular data shows monthly salary in hundreds with expenditure and savings of six persons. While preparing the data table a few pieces of data are missing.(Note: total saving of all persons combined together = 48450)Q. If salary of Jay and Krish increase by 10% and 15% respectively while expenditure on Miscellaneous items increased by 15% and 20% respectively and other remains the same then what is the difference of saving of Jay and Krish?a)3745b)3575c)3850d)3755e)3865Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the data carefully and answer the following questions.Below tabular data shows monthly salary in hundreds with expenditure and savings of six persons. While preparing the data table a few pieces of data are missing.(Note: total saving of all persons combined together = 48450)Q. If salary of Jay and Krish increase by 10% and 15% respectively while expenditure on Miscellaneous items increased by 15% and 20% respectively and other remains the same then what is the difference of saving of Jay and Krish?a)3745b)3575c)3850d)3755e)3865Correct answer is option 'A'. Can you explain this answer?.
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