Advertisements
Advertisements
Question
Avnish spends 70% of his income. From the balance amount, he donates ₹ 1000 to an orphanage. He is then left with ₹ 8,000. Find his income.
Options
₹ 60,000
₹ 50,000
₹ 40,000
₹ 30,000
Solution
₹ 30,000
Explanation:
Let Avnish's income be ₹ A.
Then, Amount spent= 70% × A
= `70/100 xx A`
Remanung balance = `A - 70/100 xx A`
= `(30 A)/100`
Amount donated to orphanage = ₹ 1000
And Remaining balance = ₹ 8000
So, `(30 A)/100 - 1000` = 8000
⇒ `(30 A)/100` = 9000
⇒ A = `(9000 xx 100)/30` = 30000
Thus, his income is ₹ 30,000.
APPEARS IN
RELATED QUESTIONS
Write the correct alternative for the following questions.
Rate of GST on brokerage is ...
Write the correct alternative for the following questions.
To find the cost of one share at the time of buying the amount of Brokerage and GST is to be ______ the MV of share.
Smt. Aruna Thakkar purchased 100 shares of FV 100 when the MV is Rs 1200. She paid brokerage at the rate of 0.3% and 18% GST on brokerage. Find the following –
(1) Net amount paid for 100 shares.
(2) Brokerage paid on sum invested.
(3) GST paid on brokerage.
(4) Total amount paid for 100 shares.
Smt. Anagha Doshi purchased 22 shares of FV ₹ 100 for Market Value of ₹ 660. Find the sum invested. After taking 20% dividend, she sold all the shares when market value was ₹ 650. She paid 0.1% brokerage for each trading done. Find the percent of profit or loss in the share trading.
(Write your answer to the nearest integer).
Himanshu invested ₹ 1,55,91,490 in the shares of FV ₹ 100 when MV is ₹ 1,550. Also, the rate of brokerage is 0.5% and GST is 18%. Then find how many shares were buy. Also find the amount of brokerage paid and GST paid for the trading.
