Percentage

Quantitative Aptitude (MTS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Ravi's monthly salary is Rs16,000. He spends 30% of his salary on rent, 20% of his salary on education. 60% of the remaining

amount is invested in mutual funds. Find the amount invested in mutual founds in a month.

This questions was previously asked in

SSC MTS 14th July 2022 Shift-1

Rs5,000

Rs4,800

Rs4,200

Rs4,500

- Ravi's monthly salary is Rs16,000.

- He spends 30% on rent, which is Rs4,800 (16,000 x 0.30).

- 20% is spent on education, which amounts to Rs3,200 (16,000 x 0.20).

- The remaining amount after rent and education is Rs8,000 (16,000 - 4,800 - 3,200).

- 60% of the remaining Rs8,000 is invested in mutual funds: Rs4,800 (8,000 x 0.60).

- Option 1: Rs5,000

- Option 2: Rs4,800

- Option 3: Rs4,200

- Option 4: Rs4,500

Option 2: Rs4,800 is the correct answer.