Multiple choice

The salary of A man is Rs. 50000 per month from which he spends 20% on rent, 10% of remaining on bills, 20% of further remaining on miscellaneous expenses. From the remaining amount, man gives some money to his wife and rest he invests in mutual funds in the ratio of 5: 4. Find amount spent on rent is how much less or more than amount invested in mutual funds?

  1. 2800 Rs.

  2. 2400 Rs.

  3. 2600 Rs.

  4. 3200 Rs.

  5. 3000 Rs.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

After 20% rent from 50000: 50000 - 10000 = 40000. After 10% bills: 40000 - 4000 = 36000. After 20% miscellaneous: 36000 - 7200 = 28800. This is split 5:4 (9 parts), so mutual fund gets (4/9) × 28800 = 12800. Rent (10000) is 2800 less than mutual fund investment (12800).

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