Kumar’s salary is Rs 30,000 per month. He spends 25% of this on food and rent and 20% of the remaining on education. But he
pays 5% of his total salary on paying the income tax and saves Rs 8,000 after all these three deductions. What is the amount (in
Rs.) available with him after his savings?
This questions was previously asked in
SSC CHSL 8th June 2022 Shift-3
Explanation:
- Kumar earns Rs 30,000 per month.
- He spends 25% on food and rent, which is Rs 7,500 (25% of 30,000).
- The remaining amount is Rs 22,500 (30,000 - 7,500).
- He spends 20% of this remaining amount on education, which is Rs 4,500 (20% of 22,500).
- Now, the remaining amount is Rs 18,000 (22,500 - 4,500).
- He pays 5% of his total salary as income tax, which is Rs 1,500 (5% of 30,000).
- After these deductions, his remaining amount is Rs 16,500 (18,000 - 1,500).
- He saves Rs 8,000, so the amount available after savings is Rs 8,500 (16,500 - 8,000).
Correct Answer: Option 1 - 8500
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