Home
Class 14
MATHS
The expenditure and income of Manoj are ...

The expenditure and income of Manoj are in the ratio of `5: 8`. After some time income of Manoj is increased by `20%` but at the same time his saving is also increased by `3 (1)/(3)%`. Find increased or decreased percent in his expenditure.

A

`24%`

B

`30%`

C

`20%`

D

`15%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the information given about Manoj's income, expenditure, and savings. ### Step 1: Define the initial income and expenditure Given the ratio of expenditure to income is 5:8, we can assume: - Expenditure = 5x - Income = 8x ### Step 2: Calculate the initial savings Savings can be calculated as: \[ \text{Savings} = \text{Income} - \text{Expenditure} \] Substituting the values: \[ \text{Savings} = 8x - 5x = 3x \] ### Step 3: Calculate the new income after a 20% increase The income is increased by 20%. Therefore, the new income will be: \[ \text{New Income} = \text{Old Income} + 20\% \text{ of Old Income} \] \[ \text{New Income} = 8x + 0.2 \times 8x = 8x \times 1.2 = 9.6x \] ### Step 4: Calculate the new savings after a 3 (1/3)% increase The increase in savings is given as \(3 \frac{1}{3}\%\), which can be converted to a fraction: \[ 3 \frac{1}{3}\% = \frac{10}{3}\% \] To find the new savings: \[ \text{New Savings} = \text{Old Savings} + \frac{10}{3}\% \text{ of Old Savings} \] \[ \text{New Savings} = 3x + \left(\frac{10}{3} \times \frac{3x}{100}\right) \] \[ \text{New Savings} = 3x + \frac{10x}{100} = 3x + 0.1x = 3.1x \] ### Step 5: Calculate the new expenditure Using the new income and new savings, we can find the new expenditure: \[ \text{New Expenditure} = \text{New Income} - \text{New Savings} \] \[ \text{New Expenditure} = 9.6x - 3.1x = 6.5x \] ### Step 6: Calculate the change in expenditure To find the change in expenditure, we subtract the old expenditure from the new expenditure: \[ \text{Change in Expenditure} = \text{New Expenditure} - \text{Old Expenditure} \] \[ \text{Change in Expenditure} = 6.5x - 5x = 1.5x \] ### Step 7: Calculate the percentage change in expenditure Now, we calculate the percentage change in expenditure: \[ \text{Percentage Change} = \left(\frac{\text{Change in Expenditure}}{\text{Old Expenditure}}\right) \times 100 \] \[ \text{Percentage Change} = \left(\frac{1.5x}{5x}\right) \times 100 = \left(\frac{1.5}{5}\right) \times 100 = 30\% \] ### Final Answer The expenditure has increased by **30%**. ---
Promotional Banner

Topper's Solved these Questions

  • PERCENTAGE

    ADDA247|Exercise MAINS QUESTIONS|15 Videos
  • PERCENTAGE

    ADDA247|Exercise PREVIOUS YEAR QUESTION|26 Videos
  • PERCENTAGE

    ADDA247|Exercise PRELIMS QUESTIONS (LEVEL-1)|29 Videos
  • NUMBER SYSTEM, SIMPLIFICATION AND APPROXIMATION

    ADDA247|Exercise PREVIOUS YEAR QUESTION |60 Videos
  • PERMUTATION ,COMBINATION AND PROBABILITY

    ADDA247|Exercise Previous Year Question|25 Videos
ADDA247-PERCENTAGE-PRELIMS QUESTIONS (LEVEL-2)
  1. There is a certain sum of money from which Anmol takes 20%, Golu takes...

    Text Solution

    |

  2. In an election, there were two candidates-A & B from the same constitu...

    Text Solution

    |

  3. The expenditure and income of Manoj are in the ratio of 5: 8. After so...

    Text Solution

    |

  4. Monthly income of Veer is 11 (1)/(9)% more than that of Anurag. Anurag...

    Text Solution

    |

  5. A wooden seller has some number of tables which are 25% more than numb...

    Text Solution

    |

  6. If we add 4 to the numerator of the fraction and increases denominator...

    Text Solution

    |

  7. The salary of sumit is Rs. 50000 per month from which he spends 20% on...

    Text Solution

    |

  8. Due to new rules of TRAI, Rs. 154 is fixed as FTA upto 100 SD channels...

    Text Solution

    |

  9. In a stockpile of products produced by two machines M1 & M2, 40% was m...

    Text Solution

    |

  10. There are 40 boys in a class A and 60 girls in class B. If girls in cl...

    Text Solution

    |

  11. In a village-X, a total of 6000 registered voters (male+female) had ca...

    Text Solution

    |

  12. Shivam spent 20% & 32% of his total monthly salary on children's educa...

    Text Solution

    |

  13. The original cost of TV is three time the cost of raw material used. T...

    Text Solution

    |

  14. Rakesh's monthly income is 2.5 times Gagan's monthly income. Gagan's m...

    Text Solution

    |

  15. Four friends Arun, Amit, Ankur and Ajay went a shop. Arun's total mone...

    Text Solution

    |

  16. Mohit invested 28% of his monthly of Rs 25000 in share markets. He spe...

    Text Solution

    |

  17. Average expenditure of Manoj and Nawaz is Rs 4500 which is 10% less th...

    Text Solution

    |

  18. Present population of two town A and B is in ratio 8 : 7. Present popu...

    Text Solution

    |

  19. In a society 16(2)/(3)% people were interested in music only, 33(1)/(3...

    Text Solution

    |

  20. The population of a city in 2017 increased by 12.5% from 2016 and in 2...

    Text Solution

    |