Financial Problems-Income and Expenditures (CAT (Common Admission Test for IIMs) Quantitative Aptitude): Questions 1 - 4 of 21

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Question number: 1

» Financial Problems » Income and Expenditures

MCQ▾

Question

Raju earns 162000 yearly. In his first month, he spends 40 % on rent and 50 % on food and saves of the amount he spent. Similarly, in the next two months he did the same. From fourth month, his salary increased by and he saved starting from fifth month onwards. Find his total savings?

Choices

Choice (4) Response

a.

22400

b.

22200

c.

22000

d.

22800

Question number: 2

» Financial Problems » Income and Expenditures

MCQ▾

Question

Arpit and Tarun are working together in a company. Arpit’s income is of Tarun’s income and Expenditure of Arpit is of Tarun’s Expenditure. If Tarun’s income is of Arpit’s expenditure, then, find the ratio of Tarun’s Savings to that of Arpit?

Choices

Choice (4) Response

a.

b.

c.

d.

Question number: 3

» Financial Problems » Income and Expenditures

MCQ▾

Question

Karan invested some amount in two different schemes such that he 8 % interest received from Scheme 1 for 2 years and of interest received from Scheme 2 for 4 years is same. If A earns ‘j’ amount, out of which he spends k % of food, on rent, k % on transport and saves the remaining, which is then invested in these two different schemes? What is the value of ?

Choices

Choice (4) Response

a.

b.

c.

d.

Question number: 4

» Financial Problems » Income and Expenditures

MCQ▾

Question

Ms. Pooja invests of her monthly salary, i. e. in Mediclaim Policies. Later she invests of her monthly salary on child Education Policies; also, she invests another of her monthly salary on Mutual Funds. What is the total annual invested by Ms. Pooja?

Choices

Choice (4) Response

a.

434480

b.

c.

d.

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