Multiple Choice Questions on Mohan spends 23 of an amount of money on an insurance policy 33 on food 19 on children rsquo s educa........... for Graduation cum Career Security Preparation

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Multiple Choice Questions

Mohan spends 23 of an amount of money on an insurance policy 33 on food 19 on children rsquo s educa...........

Quantitative Aptitude (CCS) Percentage
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    Mohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much amount does he spend on food and insurance policy together?

    2326

    Incorrect Answer

    5876

    Incorrect Answer

    1741

    Incorrect Answer

    3136

    Correct Answer
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    Explanation:

    Let total amount = Rs. P

    Total expenditure = (23 + 33 + 19 + 16)% of P = 91%ofP

    Remaining money = (100 - 91)% of P = 9% of P

    But given in the question that,

    9% of P = 504

    9p/100 = 504

    => P = 50400/9

    => P = Rs. 5600

    Required money spent on Food & Insurance = 23 + 33 %

    = 56% of 5600

    = 56 x 5600/100

    = 56 x 56 = Rs. 3136

    Hence, option 4 is the correct answer.

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