Multiple Choice Questions on Raj give 60 of his monthly salary to his wife and the remaining he invested in mutual fund Out of th........... for IBPS (PO/SO) Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Raj give 60% of his monthly salary to his wife and the remaining he invested in mutual fund. Out of the money his wife got, she spent 20% on groceries, 30% on rent and remaining amount of Rs. 18,000 she spent on buying gold. What is Raj's monthly salary?

     Rs. 50,000

    Incorrect Answer

     Rs. 76,000

    Incorrect Answer

     Rs. 40,000

    Incorrect Answer

    Rs. 60,000

    Correct Answer

     Rs. 80,000

    Incorrect Answer
    Explanation:

    Let total amount Raj has = 100%
    Wife will get 60%, out of these she spent 50%.
    So, remaining amount = 1/2 × 60% = 30%
    30% = 18000
    So, 100% = 60000


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