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Each of the question below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question. Veer has a monthly income of Rs. 60000 out of which every month he saves some amount. He distributes some amount of money among his three sister and one brother. Out of remaining amount of his income, he spends 40% on other things and rest of the amount is saved by him. Veer saves what percent of his salary on every month? Statement I: Veer’s other expenditure is Rs. 20000. Statement II: Each sister receive Rs. 4000 and brother receive Rs. 5000. Statement III: Veer saves Rs. 15000 more than the amount received by his one sister.

Each of the question below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question. Veer has a monthly income of Rs. 60000 out of which every month he saves some amount. He distributes some amount of money among his three sister and one brother. Out of remaining amount of his income, he spends 40% on other things and rest of the amount is saved by him. Veer saves what percent of his salary on every month? Statement I: Veer’s other expenditure is Rs. 20000. Statement II: Each sister receive Rs. 4000 and brother receive Rs. 5000. Statement III: Veer saves Rs. 15000 more than the amount received by his one sister. Correct Answer Either statement I or II alone is sufficient.

Statement I:

Other expenditure = Rs. 20000

Savings = (60/100) × (100/40) × 20000 = Rs. 30000

Percentage = (30000/60000) × 100 = 50%

Statement II:

Share of three sister = 3 × 4000 = Rs. 12000

Share of brother = Rs. 5000

Savings = 60% of (60000 – 12000 – 5000) = Rs. 25800

Percentage = (25800/60000) × 100 = 43%

Statement III:

Savings = 15000 + share of each sister

60000 = share of three sister + share of brother + other expenditure + 15000 + share of each sister

45000 = 4 × share of each sister + share of brother + other expenditure

Given data is not sufficient to determine the answer.

Hence, this statement is not sufficient alone.

Related Questions

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