Question Details

Monthly income of Mohit is ₹12800 and his monthly expenditure is ₹ 4000. If his income is decreased by 25% and expenditure is decreased by ₹1000, then find the decrease in his monthly savings?

Options

A

₹ 2600

B

₹ 2800

C

₹ 2400

D

₹ 2200

Show Answer

Correct Answer :

Option D

₹ 2200

Solution :

The correct option is ₹ 2200.

Here is the step-by-step breakdown of Mohit's income, expenditure, and savings:
First, let's list the initial values given in the problem:
• Monthly Income = ₹ 12800
• Monthly Expenditure = ₹ 4000

Step 1: Calculate the original monthly savings
Savings are calculated by subtracting the expenditure from the income:

Original Savings = Original Income - Original Expenditure

Original Savings = 12800 - 4000 = 8800

So, Mohit's original monthly savings were ₹ 8800.

Step 2: Calculate the new monthly income
Mohit's income is decreased by 25%. Let's find the amount of this decrease:

Decrease in Income = 25 % of 12800

Decrease in Income = 25 100 × 12800 = 3200

Now, calculate the new income:

New Income = 12800 - 3200 = 9600

Step 3: Calculate the new monthly expenditure
The monthly expenditure is decreased by ₹ 1000:

New Expenditure = 4000 - 1000 = 3000

Step 4: Calculate the new monthly savings
Subtract the new expenditure from the new income:

New Savings = New Income - New Expenditure

New Savings = 9600 - 3000 = 6600

Step 5: Find the decrease in monthly savings
Subtract the new savings from the original savings:

Decrease in Savings = Original Savings - New Savings

Decrease in Savings = 8800 - 6600 = 2200

Therefore, the decrease in his monthly savings is ₹ 2200.

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