{"id":68218,"date":"2023-11-15T13:20:31","date_gmt":"2023-11-15T07:50:31","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=68218"},"modified":"2025-11-25T13:21:27","modified_gmt":"2025-11-25T07:51:27","slug":"quant-income-expenditure-practice-questions-answers","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/quant-income-expenditure-practice-questions-answers\/","title":{"rendered":"Quant Income &amp; Expenditure Practice Questions &amp; Answers"},"content":{"rendered":"\n<p>Income &amp; Expenditure questions are often asked in the banking and government examinations thus, it is quite an important concept in the quant syllabus. These kinds of questions are often asked in the exam as they test a candidate\u2019s basic mathematical knowledge and concepts related to financial management and budgeting. Overall these kinds of questions are important and thus require a strong foundation in Mathematics and financial management etc. Below we are discussing this topic and here we have come up with Quant Income &amp; Expenditure Practice Questions &amp; Answers.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<p><strong>Income and Expenses:<\/strong><\/p>\n\n\n\n<p>Income = Expenditure + Savings<\/p>\n\n\n\n<p>If income of \u2018B\u2019 is \u2018x%\u2019 more than that of \u2018A\u2019, then income of \u2018B\u2019 = Income of \u2018A\u2019 \u00d7 {1 + (x\/100)}<\/p>\n\n\n\n<p>If income of \u2018B\u2019 is \u2018x%\u2019 less than that of \u2018A\u2019, then income of \u2018B\u2019 = Income of A \u00d7 {1 \u2013 (x\/100)}<\/p>\n\n\n\n<p>If the price of a commodity increases by \u2018x%\u2019, then percentage reduction in consumption, so as not to increase the expenditure is: [{x\/(100 + x)} \u00d7 100]%<\/p>\n\n\n\n<p>Quant Income &amp; Expenditure Practice Questions &amp; Answers<\/p>\n\n\n\n<p><strong>Question 1:<\/strong> Devraj spends (x + 5)%, (x + 15)%, and (x \u2013 5)% of his monthly income on rent, food, and entertainment, and thereby saves Rs. 8800 which accounts for 40% of his monthly income. Find his expenditure on food (in Rs.).<\/p>\n\n\n\n<p>A) Rs. 4800<\/p>\n\n\n\n<p>B) Rs. 5400<\/p>\n\n\n\n<p>C) Rs. 6600<\/p>\n\n\n\n<p>D) Rs. 7200<\/p>\n\n\n\n<p>E) None of these<\/p>\n\n\n\n<p><strong>Question 2:<\/strong> Monthly income of Ankur is 37.5% less than the monthly income of Varun. What is ratio of the monthly expenditures of Ankur to Varun if the monthly savings of Varun is 60% more than the monthly savings of Ankur?<\/p>\n\n\n\n<p>A) 3:1<\/p>\n\n\n\n<p>B) 5:8<\/p>\n\n\n\n<p>C) 7:5<\/p>\n\n\n\n<p>D) 9:7<\/p>\n\n\n\n<p>E) Cannot be determined<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<p><strong>Question 3:<\/strong> The ratio of income and expenditure of Shivam is 5:2, and his monthly savings is Rs. 13500. He spends (x + 5)% on food, (x + 10)% on entertainment, and remaining on education. If he spends Rs. 4050 on education, then find the value of x.<\/p>\n\n\n\n<p>A) 25<\/p>\n\n\n\n<p>B) None of these<\/p>\n\n\n\n<p>C) 10<\/p>\n\n\n\n<p>D) 15<\/p>\n\n\n\n<p>E) 20<\/p>\n\n\n\n<p><strong>Question 4:<\/strong> Sujata invested 40% of her yearly income in fixed deposit, 25% and 15% of the remaining on house rent and food, and saved the rest i.e. saved Rs. 54000. Find his monthly income (in Rs.).<\/p>\n\n\n\n<p>A) Rs. 10000<\/p>\n\n\n\n<p>B) Rs. 12500<\/p>\n\n\n\n<p>C) Rs. 15000<\/p>\n\n\n\n<p>D) Rs. 17500<\/p>\n\n\n\n<p>E) Rs. 20000<\/p>\n\n\n\n<p><strong>Question 5:<\/strong> Monthly income of Akash is 25% more than the monthly income of Itij. What is the ratio of the monthly savings of Akash to Itij if the monthly expenditure of Itij is 20% less than the monthly expenditure of Akash?<\/p>\n\n\n\n<p>A) 3:2<\/p>\n\n\n\n<p>B) 4:3<\/p>\n\n\n\n<p>C) 2:3<\/p>\n\n\n\n<p>D) 5:4<\/p>\n\n\n\n<p>E) Cannot be determined<\/p>\n\n\n\n<p><strong>Question 6:<\/strong> The respective ratio of monthly income of Raman to monthly income of Raghav is 8:9, and Raman\u2019s saving is (100\/3)% more than Raghav\u2019s saving. Find the expenditure of Raman, if the sum of monthly income of Raman and Raghav is Rs. 51000, and expenditure of Raghav is Rs. 12000.<\/p>\n\n\n\n<p>A) Rs.12000<\/p>\n\n\n\n<p>B) Rs. 3000<\/p>\n\n\n\n<p>C) Rs. 4000<\/p>\n\n\n\n<p>D) Rs. 6000<\/p>\n\n\n\n<p>E) Rs. 8000<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<p><strong>Question 7:<\/strong> The monthly income of Tony was Rs. 10500. and his monthly expenditure was Rs. 8000. Next month, his income increased by 20%, and his expenditure increased by 25%. Find the percentage increase in his savings with respect to previous month.<\/p>\n\n\n\n<p>A) 6%<\/p>\n\n\n\n<p>B) 4%<\/p>\n\n\n\n<p>C) 8%<\/p>\n\n\n\n<p>D) 10%<\/p>\n\n\n\n<p>E) 2%<\/p>\n\n\n\n<p><strong>Question 8:<\/strong> Monthly income of Manish is Rs. 12,800 and his monthly expenditure is Rs. 4,000. If his income is decreased by 25% and expenditure is decreased by Rs. 1,000, then find the change in his monthly savings?<\/p>\n\n\n\n<p>A) Rs. 1,800<\/p>\n\n\n\n<p>B) Rs. 1,600<\/p>\n\n\n\n<p>C) Rs. 1,400<\/p>\n\n\n\n<p>D) Rs. 2,200<\/p>\n\n\n\n<p>E) None of these<\/p>\n\n\n\n<p><strong>Question 9:<\/strong> Monthly income of Arvind is Rs. 6000 and monthly income of Ashok is 25% less than monthly income of Arvind. Monthly expense of Arvind is half of his monthly income. If the ratio of savings of Arvind to Ashok is 5:4 then find monthly expense of Ashok.<\/p>\n\n\n\n<p>A) Rs. 2400<\/p>\n\n\n\n<p>B) Rs. 2100<\/p>\n\n\n\n<p>C) Rs. 2800<\/p>\n\n\n\n<p>D) Rs. 2500<\/p>\n\n\n\n<p>E) None of these<\/p>\n\n\n\n<p><strong>Question 10:<\/strong> Virat spends 75% of his monthly income. Along with the salary he also gets an incentive every month which equal to 5% of his salary. If his annual saving is Rs. 126000, then find the incentive given to Virat every month. [Monthly income = salary + incentive]<\/p>\n\n\n\n<p>A) Rs. 2000<\/p>\n\n\n\n<p>B) Rs. 4000<\/p>\n\n\n\n<p>C) Rs. 1500<\/p>\n\n\n\n<p>D) Rs. 3500<\/p>\n\n\n\n<p>E) Rs. 1200<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928 1:<\/strong> Devraj \u0915\u093f\u0930\u093e\u092f\u0947, \u092d\u094b\u091c\u0928 \u0914\u0930 \u092e\u0928\u094b\u0930\u0902\u091c\u0928 \u092a\u0930 \u0905\u092a\u0928\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u0915\u093e (x + 15)%, (x + 15)%, \u0914\u0930 (x &#8211; 5)% \u0916\u0930\u094d\u091a \u0915\u0930\u0924\u093e \u0939\u0948, \u0914\u0930 \u0907\u0938 \u0924\u0930\u0939 Rs. 8800 \u092c\u091a\u093e\u0924\u093e \u0939\u0948 \u091c\u094b \u0909\u0938\u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u0915\u093e 40% \u0939\u0948\u0964 \u092d\u094b\u091c\u0928 \u092a\u0930 \u0909\u0938\u0915\u093e \u0935\u094d\u092f\u092f (in Rs.) \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902?<\/p>\n\n\n\n<p>A) Rs. 4800<\/p>\n\n\n\n<p>B) Rs. 5400<\/p>\n\n\n\n<p>C) Rs. 6600<\/p>\n\n\n\n<p>D) Rs. 7200<\/p>\n\n\n\n<p>E) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928 2:<\/strong> Ankur \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f Varun \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u0938\u0947 37.5% \u0915\u092e \u0939\u0948|Ankur \u0914\u0930 Varun \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0935\u094d\u092f\u092f \u0915\u093e \u0905\u0928\u0941\u092a\u093e\u0924 \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902 \u092f\u0926\u093f Varun \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u092c\u091a\u0924 Ankur \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u092c\u091a\u0924 \u0938\u0947 60% \u0905\u0927\u093f\u0915 \u0939\u0948?<\/p>\n\n\n\n<p>A) 3:1<\/p>\n\n\n\n<p>B) 5:8<\/p>\n\n\n\n<p>C) 7:5<\/p>\n\n\n\n<p>D) 9:7<\/p>\n\n\n\n<p>E) \u0928\u093f\u0930\u094d\u0927\u093e\u0930\u093f\u0924 \u0928\u0939\u0940\u0902 \u0915\u093f\u092f\u093e \u091c\u093e \u0938\u0915\u0924\u093e<\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928 3:<\/strong> Shivam \u0915\u0940 \u0906\u092f \u0914\u0930 \u0935\u094d\u092f\u092f \u0915\u093e \u0905\u0928\u0941\u092a\u093e\u0924 5: 2 \u0939\u0948, \u0914\u0930 \u0909\u0938\u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u092c\u091a\u0924 Rs. 13500 \u0939\u0948 | \u0935\u0939 \u092d\u094b\u091c\u0928 \u092a\u0930 (x + 5)%, (x + 10) %, \u092e\u0928\u094b\u0930\u0902\u091c\u0928 \u092a\u0930 \u0914\u0930 \u0936\u0947\u0937 \u0936\u093f\u0915\u094d\u0937\u093e \u092a\u0930 \u0916\u0930\u094d\u091a \u0915\u0930\u0924\u093e \u0939\u0948 \u0964 \u092f\u0926\u093f \u0935\u0939 \u0936\u093f\u0915\u094d\u0937\u093e \u092a\u0930 Rs. 4050 \u0916\u0930\u094d\u091a \u0915\u0930\u0924\u093e \u0939\u0948\u0964 \u0924\u094b x \u0915\u093e \u092e\u093e\u0928 \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902 ?<\/p>\n\n\n\n<p>A) 25<\/p>\n\n\n\n<p>B) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n<p>C) 10<\/p>\n\n\n\n<p>D) 15<\/p>\n\n\n\n<p>E) 20<\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928 4:<\/strong> \u0938\u0941\u091c\u093e\u0924\u093e \u0928\u0947 \u0905\u092a\u0928\u0940 \u0935\u093e\u0930\u094d\u0937\u093f\u0915 \u0906\u092f \u0915\u093e 40% fixed deposit \u092e\u0947\u0902, \u0914\u0930 \u0936\u0947\u0937 \u0915\u093e 25% \u0914\u0930 15% \u0918\u0930 \u0915\u0947 \u0915\u093f\u0930\u093e\u092f\u0947 \u0914\u0930 \u092d\u094b\u091c\u0928 \u092a\u0930 \u0932\u0917\u093e\u092f\u093e, \u0914\u0930 \u0936\u0947\u0937 \u092c\u091a\u093e \u0932\u093f\u092f\u093e \u092f\u093e\u0928\u093f Rs. 54000 \u0915\u094b \u092c\u091a\u093e \u0932\u093f\u092f\u093e | \u0909\u0938\u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f (Rs. \u092e\u0947\u0902) \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902 ?<\/p>\n\n\n\n<p>A) Rs. 10000<\/p>\n\n\n\n<p>B) Rs. 12500<\/p>\n\n\n\n<p>C) Rs. 15000<\/p>\n\n\n\n<p>D) Rs. 17500<\/p>\n\n\n\n<p>E) Rs. 20000<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928 5:<\/strong> Akash \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f, Itij \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u0938\u0947 25% \u0905\u0927\u093f\u0915 \u0939\u0948\u0964 \u092f\u0926\u093f Akash \u0914\u0930 Itij \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u092c\u091a\u0924 \u0915\u093e \u0905\u0928\u0941\u092a\u093e\u0924 \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902, \u092f\u0926\u093f Itij \u0915\u093e \u092e\u093e\u0938\u093f\u0915 \u0916\u0930\u094d\u091a, Akash \u0915\u0947 \u092e\u093e\u0938\u093f\u0915 \u0916\u0930\u094d\u091a \u0938\u0947 20% \u0915\u092e \u0939\u0948 |<\/p>\n\n\n\n<p>A) 3:2<\/p>\n\n\n\n<p>B) 4:3<\/p>\n\n\n\n<p>C) 2:3<\/p>\n\n\n\n<p>D) 5:4<\/p>\n\n\n\n<p>E) \u0928\u093f\u0930\u094d\u0927\u093e\u0930\u093f\u0924 \u0928\u0939\u0940\u0902 \u0915\u093f\u092f\u093e \u091c\u093e \u0938\u0915\u0924\u093e<\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928 6:<\/strong> Raman \u0914\u0930 Raghav \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u0915\u093e \u0905\u0928\u0941\u092a\u093e\u0924 8:9 \u0939\u0948 \u0914\u0930 Raman \u0915\u0940 \u092c\u091a\u0924 Raghav \u0915\u0940 \u092c\u091a\u0924 \u0938\u0947 (100\/3)% \u0905\u0927\u093f\u0915 \u0939\u0948|Raman \u0915\u093e \u0935\u094d\u092f\u092f \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902, \u092f\u0926\u093f Raman \u0914\u0930 Raghav \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u0915\u093e \u092f\u094b\u0917 51000 \u0939\u0948 \u0914\u0930 Raghav \u0915\u093e \u0935\u094d\u092f\u092f Rs 12000 \u0939\u0948|<\/p>\n\n\n\n<p>A) Rs.12000<\/p>\n\n\n\n<p>B) Rs. 3000<\/p>\n\n\n\n<p>C) Rs. 4000<\/p>\n\n\n\n<p>D) Rs. 6000<\/p>\n\n\n\n<p>E) Rs. 8000<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928 7:<\/strong> Tony \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f Rs. 10500 \u0925\u0940 \u0914\u0930 \u0909\u0938\u0915\u093e \u092e\u093e\u0938\u093f\u0915 \u0916\u0930\u094d\u091a Rs. 8000 \u0925\u093e\u0964 8000. \u0905\u0917\u0932\u0947 \u092e\u0939\u0940\u0928\u0947, \u0909\u0938\u0915\u0940 \u0906\u092f \u092e\u0947\u0902 20% \u0915\u0940 \u0935\u0943\u0926\u094d\u0927\u093f \u0939\u0941\u0908, \u0914\u0930 \u0909\u0938\u0915\u0947 \u0916\u0930\u094d\u091a \u092e\u0947\u0902 25% \u0915\u0940 \u0935\u0943\u0926\u094d\u0927\u093f \u0939\u0941\u0908\u0964 \u092a\u093f\u091b\u0932\u0947 \u092e\u0939\u0940\u0928\u0947 \u0915\u0947 \u0938\u0902\u092c\u0902\u0927 \u092e\u0947\u0902 \u0909\u0938\u0915\u0940 \u092c\u091a\u0924 \u0915\u0940 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0935\u0943\u0926\u094d\u0927\u093f \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902 ?<\/p>\n\n\n\n<p>A) 6%<\/p>\n\n\n\n<p>B) 4%<\/p>\n\n\n\n<p>C) 8%<\/p>\n\n\n\n<p>D) 10%<\/p>\n\n\n\n<p>E) 2%<\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928 8:<\/strong> Manish \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f Rs. 12,800 \u0914\u0930 \u0909\u0938\u0915\u093e \u092e\u093e\u0938\u093f\u0915 \u0916\u0930\u094d\u091a Rs. 4,000 \u0939\u0948 | \u092f\u0926\u093f \u0909\u0938\u0915\u0940 \u0906\u092f \u092e\u0947\u0902 25% \u0915\u0940 \u0915\u092e\u0940 \u0939\u0941\u0908 \u0939\u0948 \u0914\u0930 \u0935\u094d\u092f\u092f \u092e\u0947\u0902 Rs. 1,000 \u0915\u092e \u0939\u0941\u090f \u0939\u0948 \u0924\u094b \u0909\u0938\u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u092c\u091a\u0924 \u092e\u0947\u0902 \u092c\u0926\u0932\u093e\u0935 \u0915\u094b \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902?<\/p>\n\n\n\n<p>A) Rs. 1,800<\/p>\n\n\n\n<p>B) Rs. 1,600<\/p>\n\n\n\n<p>C) Rs. 1,400<\/p>\n\n\n\n<p>D) Rs. 2,200<\/p>\n\n\n\n<p>E) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928 9:<\/strong> Arvind \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f Rs. 6000 \u0914\u0930 Ashok \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f Arvind \u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u0938\u0947 25% \u0915\u092e \u0939\u0948\u0964 Arvind \u0915\u093e \u092e\u093e\u0938\u093f\u0915 \u0935\u094d\u092f\u092f \u0909\u0928\u0915\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u0915\u093e \u0906\u0927\u093e \u0939\u0948\u0964 \u092f\u0926\u093f Arvind \u0914\u0930 Ashok \u0915\u0940 \u092c\u091a\u0924 \u0915\u093e \u0905\u0928\u0941\u092a\u093e\u0924 5: 4 \u0939\u0948, \u0924\u094b Ashok \u0915\u093e \u092e\u093e\u0938\u093f\u0915 \u0935\u094d\u092f\u092f \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902?<\/p>\n\n\n\n<p>A) Rs. 2400<\/p>\n\n\n\n<p>B) Rs. 2100<\/p>\n\n\n\n<p>C) Rs. 2800<\/p>\n\n\n\n<p>D) Rs. 2500<\/p>\n\n\n\n<p>E) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<p><strong>\u092a\u094d\u0930\u0936\u094d\u0928 10:<\/strong> Virat \u0905\u092a\u0928\u0940 \u092e\u093e\u0938\u093f\u0915 \u0906\u092f \u0915\u093e 75% \u0916\u0930\u094d\u091a \u0915\u0930\u0924\u0947 \u0939\u0948\u0902\u0964 \u0935\u0947\u0924\u0928 \u0915\u0947 \u0938\u093e\u0925 \u0909\u0938\u0947 \u0939\u0930 \u092e\u0939\u0940\u0928\u0947 \u090f\u0915 incentive \u092d\u0940 \u092e\u093f\u0932\u0924\u093e \u0939\u0948 \u091c\u094b \u0909\u0928\u0915\u0947 \u0935\u0947\u0924\u0928 \u0915\u0947 5% \u0915\u0947 \u092c\u0930\u093e\u092c\u0930 \u0939\u094b\u0924\u093e \u0939\u0948\u0964 \u092f\u0926\u093f \u0909\u0938\u0915\u0940 \u0935\u093e\u0930\u094d\u0937\u093f\u0915 \u092c\u091a\u0924 Rs. 126000 \u0939\u0948, \u092b\u093f\u0930 \u0939\u0930 \u092e\u0939\u0940\u0928\u0947 Virat \u0915\u094b \u0926\u093f\u092f\u093e \u0917\u092f\u093e incentive \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902 [\u092e\u093e\u0938\u093f\u0915 \u0906\u092f = \u0935\u0947\u0924\u0928 + incentive]<\/p>\n\n\n\n<p>A) Rs. 2000<\/p>\n\n\n\n<p>B) Rs. 4000<\/p>\n\n\n\n<p>C) Rs. 1500<\/p>\n\n\n\n<p>D) Rs. 3500<\/p>\n\n\n\n<p>E) Rs. 1200<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>ANSWER KEYS and SOLUTIONS:<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>1) &#8211; C)<\/td><td>2) &#8211; B)<\/td><td>3) &#8211; E)<\/td><td>4) &#8211; B)<\/td><td>5) &#8211; D)<\/td><td>6) &#8211; C)<\/td><\/tr><tr><td>7) &#8211; B)<\/td><td>8) &#8211; D)<\/td><td>9) &#8211; B)<\/td><td>10) &#8211; A)<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Solution 1: C)<\/strong><\/p>\n\n\n\n<p>Monthly income of Devraj = 8800\/0.4 = Rs. 22000<\/p>\n\n\n\n<p>So, (x + 5) + (x + 15) + (x \u2013 5) = 100 \u2013 40<\/p>\n\n\n\n<p>3x + 15 = 60<\/p>\n\n\n\n<p>3x = 45, x = 15<\/p>\n\n\n\n<p>Therefore, his expenditure on Food = (15 + 15)% of 22000 = 0.3 \u00d7 22000 = Rs. 6600<\/p>\n\n\n\n<p>Hence, option c.<\/p>\n\n\n\n<p><strong>Solution 2: B)<\/strong><\/p>\n\n\n\n<p>Let the monthly income of Varun = Rs. x<\/p>\n\n\n\n<p>So the monthly income of Ankur = Rs. 0.625x<\/p>\n\n\n\n<p>Let the monthly savings of Ankur = Rs. y<\/p>\n\n\n\n<p>So the monthly savings of Varun = Rs. 1.6y<\/p>\n\n\n\n<p>So the ratio of the monthly expenditures of Ankur to Varun = (0.625x \u2013 y): (x \u2013 1.6y)<\/p>\n\n\n\n<p>= 5(0.125x \u2013 0.2y): 8(0.125x \u2013 0.2y) = 5: 8<\/p>\n\n\n\n<p>Hence, option b.<\/p>\n\n\n\n<p><strong>Solution 3: E)<\/strong><\/p>\n\n\n\n<p>Expenditure of Shivani = [2\/(5 \u2013 2)] \u00d7 13500 = Rs. 9000<\/p>\n\n\n\n<p>According to question,<\/p>\n\n\n\n<p>9000 \u00d7 [100 \u2013 (x + 5) \u2013 (x + 10)]% = 4050<\/p>\n\n\n\n<p>90 \u00d7 (85 \u2013 2x) = 4050<\/p>\n\n\n\n<p>85 \u2013 2x = 45<\/p>\n\n\n\n<p>2x = 85 \u2013 45<\/p>\n\n\n\n<p>2x = 40<\/p>\n\n\n\n<p>x = 20<\/p>\n\n\n\n<p>Hence, option c.<\/p>\n\n\n\n<p><strong>Solution 4: B)<\/strong><\/p>\n\n\n\n<p>Let, total yearly income be Rs. 100x.<\/p>\n\n\n\n<p>So, amount invested in FD = 0.4 \u00d7 100x = Rs. 40x<\/p>\n\n\n\n<p>So, amount spent on rent and food = (25 + 15)% of (100x \u2013 40x) = 0.4 \u00d7 60x = Rs. 24x<\/p>\n\n\n\n<p>Therefore, amount saved = 100x \u2013 40x \u2013 24x = Rs. 36x<\/p>\n\n\n\n<p>So, 36x = 54000<\/p>\n\n\n\n<p>x = 54000\/36 = 1500<\/p>\n\n\n\n<p>Therefore, yearly income of Sujata = 100 \u00d7 1500 = Rs. 150000<\/p>\n\n\n\n<p>So, monthly income = 150000\/12 = Rs. 12500<\/p>\n\n\n\n<p>Hence, option b.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<p><strong>Solution 5: D)<\/strong><\/p>\n\n\n\n<p>Let the monthly income of Itij be Rs. \u2018x\u2019<\/p>\n\n\n\n<p>So, the monthly income of Akash = Rs. 1.25x<\/p>\n\n\n\n<p>Let the monthly expenditure of Akashbe Rs. \u2018y\u2019<\/p>\n\n\n\n<p>So, the monthly expenditure of Itij = 0.8y<\/p>\n\n\n\n<p>So, the ratio of the monthly incomes of Akash to Itij = (1.25x \u2013 y)\/(x \u2013 0.8y)<\/p>\n\n\n\n<p>= 5(0.25x \u2013 0.2y)\/4(0.25x \u2013 0.2y) = 5:4<\/p>\n\n\n\n<p>Hence, option d.<\/p>\n\n\n\n<p><strong>Solution 6: C)<\/strong><\/p>\n\n\n\n<p>Let monthly income of Raman and Raghav be 8x and 9x, respectively.<\/p>\n\n\n\n<p>Then, 8x + 9x = 51000<\/p>\n\n\n\n<p>17x = 15000, x = 3000<\/p>\n\n\n\n<p>Raman\u2019s monthly income = 8x = Rs. 24000<\/p>\n\n\n\n<p>Raghav\u2019s monthly income = 9x = Rs. 27000<\/p>\n\n\n\n<p>Given, expenditure of Raghav = Rs. 12000<\/p>\n\n\n\n<p>So, Raghav\u2019s saving = 27000 \u2013 12000 = Rs. 15000<\/p>\n\n\n\n<p>Then, Raman\u2019s saving = 15000 + (1\/3)\u00d715000 = 15000 + 5000 = Rs. 20000<\/p>\n\n\n\n<p>Raman\u2019s expenditure = 24000 \u2013 20000 = Rs. 4000<\/p>\n\n\n\n<p>Hence, option c.<\/p>\n\n\n\n<p><strong>Solution 7: B)<\/strong><\/p>\n\n\n\n<p>Monthly income of Tony = Rs. 10500<\/p>\n\n\n\n<p>Monthly income after increase = 1.2 \u00d7 10500 = Rs. 12600<\/p>\n\n\n\n<p>Monthly expenditure of Tony = Rs. 8000<\/p>\n\n\n\n<p>Monthly expenditure after increase = 1.25 \u00d7 8000 =Rs. 10000<\/p>\n\n\n\n<p>Monthly savings = 10500 \u2013 8000 = Rs. 2500<\/p>\n\n\n\n<p>Monthly savings after increase = 12600 \u2013 10000 = Rs. 2600<\/p>\n\n\n\n<p>Required percentage increase = {(2600 \u2013 2500)\/2500} \u00d7 100 = 4%<\/p>\n\n\n\n<p>Hence, option b.<\/p>\n\n\n\n<p><strong>Solution 8: D)<\/strong><\/p>\n\n\n\n<p>Monthly savings of Manish earlier = 12800 \u2013 4000 = Rs. 8,800<\/p>\n\n\n\n<p>Monthly income of Manish now = 0.75 \u00d7 12800 = Rs. 9,600<\/p>\n\n\n\n<p>Monthly expenditure of Manish now = 4000 \u2013 1000 = Rs. 3,000<\/p>\n\n\n\n<p>Monthly savings of Manish now = 9600 \u2013 3000 = Rs. 6,600<\/p>\n\n\n\n<p>Desired change = 8800 \u2013 6600 = Rs. 2,200<\/p>\n\n\n\n<p>Hence, option d.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<p><strong>Solution 9: B)<\/strong><\/p>\n\n\n\n<p>Monthly income of Ashok = 0.75 \u00d7 6000 = Rs. 4500<\/p>\n\n\n\n<p>Monthly expense of Arvind = 0.5 \u00d7 6000 = Rs. 3000<\/p>\n\n\n\n<p>Monthly savings of Arvind = 6000 \u2013 3000 = Rs. 3000<\/p>\n\n\n\n<p>Monthly Saving of Ashok = 4\/5 \u00d7 3000 = Rs. 2400<\/p>\n\n\n\n<p>Monthly expense of Ashok = 4500 \u2013 2400 = Rs. 2100<\/p>\n\n\n\n<p>Hence, option b.<\/p>\n\n\n\n<p><strong>Solution 10: A)<\/strong><\/p>\n\n\n\n<p>Let the salary of the Virat be Rs. x<\/p>\n\n\n\n<p>Incentive received by him = Rs. 0.05x<\/p>\n\n\n\n<p>Virat\u2019s monthly income = (x + 0.05x) = Rs. 1.05x<\/p>\n\n\n\n<p>His yearly income = 1.05x \u00d712 = Rs. 12.6x<\/p>\n\n\n\n<p>According to the question,<\/p>\n\n\n\n<p>0.25 \u00d7 12.6x = 126000<\/p>\n\n\n\n<p>Or, x = 126000\/3.15 = Rs. 40000<\/p>\n\n\n\n<p>Incentive received by Virat every month = 0.05 \u00d7 40000 = Rs. 2000<\/p>\n\n\n\n<p>Hence, option a.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-assistant\/?ref=9699\">RBI Assistant Prelims Free Mock Test<\/a><\/p>\n\n\n\n<p>This brings us to the end of the article. It is important to study and revise this quant concept of Income and expenditure well and also practice few sample questions<\/p>\n\n\n\n<p><strong>Disclaimer:<\/strong> This blog provides sample practice questions for exam preparation. Content is illustrative, not official. Candidates must consult <a href=\"http:\/\/ssc.gov.in\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">SSC<\/a> and <a href=\"http:\/\/ibps.in\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">banking<\/a> exam notices for authentic details. Use these examples only to strengthen concepts, not as guaranteed exam material.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Practice these Quant Income &#038; Expenditure Practice Questions &#038; Answers. Attempt RBI Assistant prelims free mock test<\/p>\n","protected":false},"author":2,"featured_media":68273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-68218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rbi-assistant"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Quant Income &amp; Expenditure Practice Questions &amp; Answers - Practicemock<\/title>\n<meta name=\"description\" content=\"Practice these Quant Income &amp; Expenditure Practice Questions &amp; Answers. 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