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In each of the following questions, a question is followed by two statement. Read all the statements and find that which statements are required to answer the question and answer accordingly.
Find the monthly salary of Ramesh.
Statement I: The salary of Ramesh increased by 16(2/3)% 2 years ago and 16% a year ago. The difference in increase was Rs. 17500/3.
Statement II: Ramesh spends 13% of his salary on grocery and 12% of it on sports. 15% of total salary is spent on transportation and entertainment. (1/10)th part of the total salary is spent on house rent and thereafter he saves Rs. 70,000.
  • a)
    Only I
  • b)
    Either I or II
  • c)
    Either I or II
  • d)
    Both I and II
  • e)
    Only II
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In each of the following questions, a question is followed by two sta...
From Statement I:Let monthly salary be Rs. x ,then(50/3 – 16)% of x = 17500/3(2x/300) = 17500/3x = Rs. 8,75,000
From Statement II:
Total expenditure of Ramesh = (13 + 12 + 15)/100 + (1/10) = 1/2 Remaining = 1 – (1/2) = 1/2 Therefore , Total salary = 2 × 70, 000 = Rs. 1,40,000
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