Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-21

  • question_answer
    Sohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children's education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much total amount did he spend on food and insurance policy together?

    A) Rs. 3200                       

    B) Rs. 3126

    C) Rs. 3136           

    D) Rs. 3048

    E) None of these

    Correct Answer: C

    Solution :

    Total expenses (in percentage)
    = 23% +33% + 19% + 16% = 91%
    Saying \[=100-91=9%\]
    Income \[=\frac{100}{9}\times 504=\text{Rs}.\,\,5600\]
    Expenses on food and insurance policy
                            \[=\left( \frac{33+23}{100} \right)\times 5600=\frac{56}{100}\times 5600=\text{Rs}\text{.}\,\,3136\]
     


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