The monthly income of a person is Rs15 000 He saves 20 of his income If his income increases by 10 a...........

Quantitative Aptitude (MTS) Percentage

The monthly income of a person is Rs15,000. He saves 20% of his income. If his income increases by 10% and his nominal

savings remains the same, then what will be his new expenditure?

This questions was previously asked in

SSC MTS 20th July 2022 Shift-2

Rs13,000

Rs14,500

Rs13,500

Rs14,000

- Current income: Rs15,000.

- Current savings: 20% of Rs15,000 = Rs3,000.

- Current expenditure: Rs15,000 - Rs3,000 = Rs12,000.

- Income increase: 10% of Rs15,000 = Rs1,500.

- New income: Rs15,000 + Rs1,500 = Rs16,500.

- Savings remain the same: Rs3,000.

- New expenditure: Rs16,500 - Rs3,000 = Rs13,500.

- Option 1: Rs13,000

- Option 2: Rs14,500

- Option 3: Rs13,500

- Option 4: Rs14,000

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