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Directions [Set of 5 questions]: Read the data carefully and answer the following questions.
Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.
If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?
  • a)
    1960
  • b)
    1875
  • c)
    2033
  • d)
    1865
  • e)
    1983
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
Directions [Set of 5 questions]: Read the data carefully and answer t...
Expenditure on different items can be calculated as:
Total expenditure of Mr. Singh = 40500 .......... (i)
Bills (Mr. Singh) = 4050 ......... (ii)
Let Bills (Mr. Sharma) be Y
Then,
Y = Bills (Mr. Singh) + 1020
Y = 4050 + 1020 .......... (from (ii))
Bills (Mr. Sharma) = 5070
Bills (total) = (5070 + 4050) = 9120 ....... (iii)
House Rent (Mr. Singh) = Bills (Total) x 125/100
House Rent (Mr. Singh) = 9120 x 125/100 = 11400 ........ (from (iii))
Interest Payment (total) = 18240 ........ (iv)
Education (Mr. Sharma) = Bills (Mr. Singh) x 160/100
Education (Mr. Sharma) = 4050 x 160/100 = 6480
Grocery (Mr. Sharma) = Education (Mr. Sharma) x 175/100
Grocery (Mr. Sharma) = 6480 x 175/100 = 11340
Grocery (Mr. Singh) = 2 x Bills (Mr. Sharma) x 125/100
Grocery (Mr. Singh) = 2 x 5070 x 125/100 = 12675
Expenditure of Mr. Singh on Education to Interest payment = 2:3 ........ (v)
Let Education (Mr. Singh) be 2Y
Interest Payment (Mr. Singh) = 3Y
Then,
(2Y + 3Y) = 40500 - (11400 + 12675 + 4050) ........ (from (i))
5Y = 12375
Y = 2475
Thus, Education (Mr. Singh) = (2 x 2475) = 4950
Interest Payment (Mr. Singh) = (3 x 2475) = 7425
Interest Payment (Mr. Sharma) = (18240 - 7425) = 10815
House Rent (Mr. Sharma) = 3 x Education (Mr. Singh) x 80/100
House Rent (Mr. Sharma) = 3 x 4950 x 80/100 = 11880
Based on the above data we get:
Total monthly expenditure of Mr. Sharma = 11880+11340+6480+10815+5070 = 45585
Expenditure of Mr. Sharma on House rent during the next month = 11880 x 115/100 = 13662
Expenditure of Mr. Sharma on Grocery during the next month = 11340 x 125/100 = 14175
Expenditure of Mr. Sharma on Education during the next month = 6480 x 75/100 = 4860
Expenditure of Mr. Sharma on Bills during next month = 5070 x 80/100 = 4056
Expenditure of Mr. Sharma on Interest payment during next month = 10815
Total expenditure = (13662 + 14175 + 4860 + 4056 + 10815) = 47568
Required difference = (47568 - 45585) = 1983
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Most Upvoted Answer
Directions [Set of 5 questions]: Read the data carefully and answer t...
Understanding Mr. Sharma and Mr. Singh's Expenditures
To solve the question, let’s first summarize the expenditures of Mr. Sharma and Mr. Singh based on the provided information.
Initial Expenditures
- Total expenditure of Mr. Singh: ₹40500
- Expenditure of Mr. Singh on Bills: ₹4050
- Expenditure of Mr. Sharma on Bills: ₹4050 + ₹1020 = ₹5070
- Total expenditure on Interest payment (both): ₹18240, so Mr. Singh's expenditure = (2/5) * ₹18240 = ₹7296, Mr. Sharma's = ₹18240 - ₹7296 = ₹10944
- Expenditure of Mr. Singh on Education (from ratio 2:3 with Interest): ₹7296 * (2/3) = ₹4864
- Expenditure of Mr. Singh on Grocery: 25% more than twice Mr. Sharma's Bills = 2 * ₹5070 * 1.25 = ₹12675
- Expenditure of Mr. Sharma on Education: 60% more than Mr. Singh on Bills = ₹4050 * 1.6 = ₹6480
- Expenditure of Mr. Sharma on Grocery: 75% more than Education = ₹6480 * 1.75 = ₹11340
- Expenditure of Mr. Sharma on House Rent: 20% less than thrice Mr. Singh's Education = (3 * ₹4864) * 0.8 = ₹11676.8
Next Month's Expenditure Changes
- Expenditure on House Rent (increased by 15%): ₹11676.8 * 1.15 = ₹13426.32
- Expenditure on Grocery (increased by 25%): ₹11340 * 1.25 = ₹14175
- Expenditure on Education (decreased by 25%): ₹6480 * 0.75 = ₹4860
- Expenditure on Bills (decreased by 20%): ₹5070 * 0.8 = ₹4056
Calculating Total Expenditure for Next Month
Total new expenditure of Mr. Sharma = ₹13426.32 + ₹14175 + ₹4860 + ₹4056 + ₹10944 = ₹46661.32
Difference in Expenditure
Original total expenditure of Mr. Sharma = ₹46761.6 (sum of previous month’s expenses)
Difference = ₹46761.6 - ₹46661.32 = ₹1983
Thus, the difference in expenditure from the previous month is ₹1983, confirming option 'E' as the correct answer.
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Directions [Set of 5 questions]: Read the data carefully and answer the following questions.Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?a)1960b)1875c)2033d)1865e)1983Correct answer is option 'E'. Can you explain this answer?
Question Description
Directions [Set of 5 questions]: Read the data carefully and answer the following questions.Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?a)1960b)1875c)2033d)1865e)1983Correct answer is option 'E'. 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 [Set of 5 questions]: Read the data carefully and answer the following questions.Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?a)1960b)1875c)2033d)1865e)1983Correct answer is option 'E'. 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 [Set of 5 questions]: Read the data carefully and answer the following questions.Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?a)1960b)1875c)2033d)1865e)1983Correct answer is option 'E'. Can you explain this answer?.
Solutions for Directions [Set of 5 questions]: Read the data carefully and answer the following questions.Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?a)1960b)1875c)2033d)1865e)1983Correct answer is option 'E'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Directions [Set of 5 questions]: Read the data carefully and answer the following questions.Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?a)1960b)1875c)2033d)1865e)1983Correct answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions [Set of 5 questions]: Read the data carefully and answer the following questions.Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?a)1960b)1875c)2033d)1865e)1983Correct answer is option 'E'. Can you explain this answer?, a detailed solution for Directions [Set of 5 questions]: Read the data carefully and answer the following questions.Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?a)1960b)1875c)2033d)1865e)1983Correct answer is option 'E'. Can you explain this answer? has been provided alongside types of Directions [Set of 5 questions]: Read the data carefully and answer the following questions.Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?a)1960b)1875c)2033d)1865e)1983Correct answer is option 'E'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions [Set of 5 questions]: Read the data carefully and answer the following questions.Mr. Sharma and Mr. Singh spend his monthly salary on various items says House rent, Grocery, Education, Interest payment and Bills in such a way that total monthly expenditure of Mr. Singh is ₹40500. Expenditure of Mr. Sharma on Bills is ₹1020 more than expenditure of Mr. Singh on Bills and together both spend ₹18240 on Interest payment. Expenditure of Mr. Sharma on Grocery is 75% more than expenditure on education and expenditure of Mr. Singh on House rent is 25% more than total expenditure of Bills taken both (Mr. Sharma and Mr. Singh) together and expenditure of Mr. Sharma on Education is 60% more than expenditure of Mr. Singh on Bills. Ratio of expenditure of Mr. Singh on Education to Interest payment is 2:3 and expenditure of Mr. Singh on Grocery is 25% more than twice expenditure of Mr. Sharma on Bills. Expenditure of Mr. Singh on Bills is ₹4050 and expenditure of Mr. Sharma on House rent is 20% less than thrice the expenditure of Mr. Singh on Education.If monthly expenditure of Mr. Sharma on House rent and Grocery increased by 15% and 25% respectively while expenditure on Education and Bills decreased by 25% and 20% respectively during next month and expenditure on interest payment remains the same then what is the difference of expenditure of Mr. Sharma from the previous month?a)1960b)1875c)2033d)1865e)1983Correct answer is option 'E'. Can you explain this answer? tests, examples and also practice CAT tests.
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