Multiple Choice Questions

The monihly income of a person is Rs25 000 He spends 80 of his income and saves the resi His nominal...........

Quantitative Aptitude (MTS) Percentage

The monihly income of a person is Rs25,000. He spends 80% of his income and saves the resi. His nominal income and his

nominal spend ing boih increase by 10%. What will be his new savings?

This questions was previously asked in

SSC MTS 8th July 2022 Shift-1

Rs5,500

Rs6,000

Rs5,750

Rs5,000

- The individual's initial monthly income is Rs 25,000.

- They spend 80% of this income, which is Rs 20,000 (80% of Rs 25,000), and save Rs 5,000 (the remainder 20%).

- When both nominal income and spending increase by 10%:

- New income becomes Rs 27,500 (10% increase on Rs 25,000).

- New spending becomes Rs 22,000 (10% increase on Rs 20,000).

- New savings are calculated by subtracting new spending from the new income: Rs 27,500 - Rs 22,000 = Rs 5,500.

Option 1: Rs 5,500 is the correct answer.

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