StreakPeaked· Practice

ExamsIBPS POGeneral Awareness

A spends 25% of his monthly income on groceries and 20% of the remaining amount on rent. The remaining amount is spent on EMI, clothes, and savings in the ratio 1:3:6, respectively. If the difference between the amount spent on rent and clothes is ₹570, find A's monthly income.

  1. 14000
  2. 12000
  3. 19000
  4. 15000

Correct answer: 19000

Solution

Let monthly income be x. After groceries, 75% remains; rent is 20% of that, so rent = 15% of x and remaining = 60% of x. This remaining is divided in the ratio 1:3:6, so clothes = 3/10 of 60% of x = 18% of x. Given clothes − rent = 570, we get 18%x − 15% x = 3% x = 570, so x = 19000.

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