Multiple Choice Questions on Bhavani spent 15 of his monthly income on kid rsquo s education and 20 on food 40 of the remaining s........... for SSC (CPO) Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Bhavani spent 15% of his monthly income on kid’s education and 20% on food. 40% of the remaining she spent on sports and

    30% on transport. She is left with an amount of Rs.10,257 after all these expenditures. What is Bhavani’s monthly income?

    This questions was previously asked in
    SSC CPO 9th Nov 2022 Shift 3

    Rs.45,800

    Incorrect Answer

    Rs.48,000

    Incorrect Answer

    Rs.52,600

    Correct Answer

    Rs.81,965

    Incorrect Answer
    Explanation:

    - Bhavani spends 15% of her monthly income on her kid's education.

    - She allocates 20% of her income to food.

    - The remaining amount after education and food expenses is (100% - 15% - 20%) = 65% of the income.

    - Of this remaining 65%, she spends 40% on sports: 0.4 * 65% = 26% of her total income.

    - She also spends 30% of the remaining on transport: 0.3 * 65% = 19.5% of her total income.

    - Therefore, the total expenditure as a percentage of her income is 15% + 20% + 26% + 19.5% = 80.5%.

    - She is left with 19.5% of her original income, which amounts to Rs.10,257.

    - Let X be Bhavani's monthly income: 0.195X = 10,257. Solving: X = 10,257 / 0.195 = Rs. 52,600.

    - This matches Option 3: Rs.52,600.

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