Gaurav spends 30% of his monthly income on food articles, 40% of the remaining on conveyance and clothes and saves 50% of the remaining. If his monthly salary is Rs. 18,400, how much money does he save every month ?
Answer: A) 3864
Saving = 50% of (100 - 40)% of (100 - 30)% of Rs. 18,400 = Rs. (50/100 * 60/100 * 70/100 * 18400) = Rs. 3864.
In a school, 4 % of the students did not appear for the annual exams. 10% of the students who appeared for the exams could not pass the exam. Out of the remaining students, 50% got distinction marks and 432 students passed the exam but could not get distinction marks. The total number of students in the school is:
An organic garment store wishes to move store online. They allocate Rs. 1,00,000 as capital for this initiative. After discussion with IT firm, they come up with an initial cost of development for Rs. 50,000, followed by 6 months additional support at 6% of the cost of developing the online store. What percentage of the initial capital the company saves from the website development activity?