Home
Class 14
MATHS
Amrit invests 30% of his monthly salary ...

Amrit invests 30% of his monthly salary on house rent and 20% of remaining in food. Again, he invested 25% of the remaining in mutual fund. If he invested rs. 5600 in mutual fund and food then his monthly salary is:

A

a. 20,000

B

b. 25000

C

c. 30000

D

d.none of these

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's denote Amrit's monthly salary as \( S \). ### Step 1: Calculate the amount spent on house rent Amrit invests 30% of his monthly salary on house rent. Therefore, the amount spent on house rent is: \[ \text{House Rent} = 0.30 \times S \] ### Step 2: Calculate the remaining amount after house rent After paying the house rent, the remaining amount is: \[ \text{Remaining after House Rent} = S - \text{House Rent} = S - 0.30S = 0.70S \] ### Step 3: Calculate the amount spent on food Amrit then spends 20% of the remaining amount on food. Thus, the amount spent on food is: \[ \text{Food} = 0.20 \times (0.70S) = 0.14S \] ### Step 4: Calculate the remaining amount after food After spending on food, the remaining amount is: \[ \text{Remaining after Food} = 0.70S - 0.14S = 0.56S \] ### Step 5: Calculate the amount spent on mutual funds Amrit invests 25% of the remaining amount in mutual funds. Therefore, the amount spent on mutual funds is: \[ \text{Mutual Fund} = 0.25 \times (0.56S) = 0.14S \] ### Step 6: Set up the equation based on the total investment in food and mutual funds According to the problem, the total amount spent on food and mutual funds is Rs. 5600. Therefore, we can write: \[ \text{Food} + \text{Mutual Fund} = 0.14S + 0.14S = 0.28S = 5600 \] ### Step 7: Solve for \( S \) To find the monthly salary \( S \), we can rearrange the equation: \[ 0.28S = 5600 \] \[ S = \frac{5600}{0.28} = 20000 \] ### Conclusion Thus, Amrit's monthly salary is: \[ \boxed{20000} \]
Promotional Banner

Topper's Solved these Questions

  • SEQUENCE, SERIES & PROGRESSIONS

    ARIHANT SSC|Exercise EXERCISE LEVEL-2|47 Videos
  • RATIO, PROPORTION & VARIATION

    ARIHANT SSC|Exercise FINAL ROUND|16 Videos
  • SET THEORY

    ARIHANT SSC|Exercise EXERCISE - 15 (LEVEL -1)|29 Videos

Similar Questions

Explore conceptually related problems

Raju spends 40% of his salary on house rent, on remaining 10% spends on travel, on remains 16 2/3 % spends on food and remaining is saved. If he saved Rs. 2250 what amount he spent food?

A saves 20% of his monthly salary. If his monthly expenditure is X 6000, then his monthly savings is

Gaurav spends 30% of his monthly income on food articles,40% of the remaining on conveyance and clothes and saves 50% of the remaining.If his monthly salary is Rs.18400 how much money does he save every month? Rs.3624 b.Rs.3864 c.Rs.4264 d.Rs.5888

Raja spent 0,5x% of his monthly salary on rent. He spent x% of the remanining salary on food .2x% of the remaining salary on transport and 4x% of the remaining salary on various bills . It these expenditures are denoted by R,F ,T and S, respectively and if x , is 20 then find the ascending order of these expenditures.

ARIHANT SSC-SEQUENCE, SERIES & PROGRESSIONS-Final Round
  1. A bacteria gives birth to two new bacterias in each second and the lif...

    Text Solution

    |

  2. A square ABCD has an equilateral triangle drawn on the side AB ( inter...

    Text Solution

    |

  3. Amrit invests 30% of his monthly salary on house rent and 20% of remai...

    Text Solution

    |

  4. Let a1 , a2 ,a3, …., an be an A.P. and S1 , S2 and S3 be the sum of fi...

    Text Solution

    |

  5. Rahul gets 34% of the full marks in an exam and fails by 90 marks. Ris...

    Text Solution

    |

  6. If [x] is the greatest integer less than or equal to x, then find the ...

    Text Solution

    |

  7. If {x} is the least integer than or equal to x, then find the value of...

    Text Solution

    |

  8. The sum of three consecutive odd numbers is 93. The smallest number is...

    Text Solution

    |

  9. The diagonals of a rhombus are 12 cm and 16 cm respectively.The length...

    Text Solution

    |

  10. In triangle ABC, angle A= 64degree. If I is the incentre of the triang...

    Text Solution

    |

  11. Triangle ABC is a right angled traingle at B. If angle A= 60degree, th...

    Text Solution

    |

  12. King Dashratha of Ayodhya on his birthday decided to offer 100 coins o...

    Text Solution

    |

  13. King Dashratha of Ayodhya on his birthday decided to offer 100 coins o...

    Text Solution

    |

  14. What profit/loss percent did ravi earn, if he purchased an item of 560...

    Text Solution

    |

  15. The sum of an infinite geometric progression (G.P.) is 2 and the sum o...

    Text Solution

    |

  16. The sum of first ten terms of an A.P. is 155 and the sum of first two ...

    Text Solution

    |

  17. The H.C.F. and L.C.M. of two numbers are 12 and 336 respectively. If o...

    Text Solution

    |

  18. If the numerator of a fraction is increased by 200% and the denominato...

    Text Solution

    |