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IBPS RRB Officer Prelims 10 Sep 2017 Paper
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© examsnet.com
Question : 65
Total: 80
Out of his monthly salary, Dhiren invested 30% in mututal funds. From his remaining salary, he paid 20% towards house-rent and the respective ratio between his expenses towards house-rent, grocery and medicine was 7 : 12 : 8. If Dhiren was left with Rs. 4400, what was his monthly salary ? (in Rs.)
27500
25500
28000
26000
28500
Validate
Solution:
(1) Let Dhiren’s monthly salarybe Rs. 100.
Investment in mutual fund= Rs. 30
Expenditure on house rent
=
70
×
20
100
=
R
s
.
14
∴Expenditure on grocery
= Rs. 24
Expenditure on medicine
= Rs. 16
Savings
= 100 – (30 + 14 + 24 + 16)
= Rs. (100 – 84) = Rs. 16
When savings is Rs. 16,
monthly salary = Rs. 100
When savings is Rs. 4400,
monthly salary
= Rs.
[
100
16
×
4400
]
= Rs. 27500
© examsnet.com
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