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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.
Monthly expenditure on Grocery is approximately what percentage more than the expenditure on interest payment for both the persons together?
  • a)
    35.4%
  • b)
    31.6%
  • c)
    38.2%
  • d)
    36.5%
  • e)
    33.4%
Correct answer is option 'B'. 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:
Monthly expenditure on grocery for both = (11340 + 12675) = 24015
Monthly expenditure on Interest payment for both = 7425+10815 = 18240
Required percentage = (24015 - 18240)/18240 x 100 ≈ 31.6%
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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.Monthly expenditure on Grocery is approximately what percentage more than the expenditure on interest payment for both the persons together?a)35.4%b)31.6%c)38.2%d)36.5%e)33.4%Correct answer is option 'B'. Can you explain this 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.Monthly expenditure on Grocery is approximately what percentage more than the expenditure on interest payment for both the persons together?a)35.4%b)31.6%c)38.2%d)36.5%e)33.4%Correct answer is option 'B'. 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.Monthly expenditure on Grocery is approximately what percentage more than the expenditure on interest payment for both the persons together?a)35.4%b)31.6%c)38.2%d)36.5%e)33.4%Correct answer is option 'B'. 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.Monthly expenditure on Grocery is approximately what percentage more than the expenditure on interest payment for both the persons together?a)35.4%b)31.6%c)38.2%d)36.5%e)33.4%Correct answer is option 'B'. Can you explain this answer?.
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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.Monthly expenditure on Grocery is approximately what percentage more than the expenditure on interest payment for both the persons together?a)35.4%b)31.6%c)38.2%d)36.5%e)33.4%Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CAT tests.
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