Rahul 39 s monthly income is at Rs1 50 000 Of this he saves at Rs1 500 Find the percentage of his sa...........

Quantitative Aptitude (MTS) Percentage

Rahul's monthly income is at Rs1,50,000. Of this, he saves at Rs1,500. Find the percentage of his savings.

This questions was previously asked in

SSC MTS 21st July 2022 Shift-3

- Rahul's monthly income: Rs 1,50,000

- Rahul's savings: Rs 1,500

- To find the percentage of savings, use the formula:

$$ \text{Percentage of Savings} = \left( \frac{\text{Savings}}{\text{Income}} \right) \times 100 $$

- Applying the values, we get:

$$ \left( \frac{1500}{150000} \right) \times 100 = 1\% $$

- Option 1: 4%

- This would imply savings of Rs 6,000.

- Option 2: 2%

- This would imply savings of Rs 3,000.

- Option 3: 3%

- This would imply savings of Rs 4,500.

- Option 4: 1%

- Correct, as savings of Rs 1,500 is 1% of Rs 1,50,000.

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