Prices register in increase of 10% on food grains and 15% on the other items of expenditures. If the ratio of an employee’s expenditures on food grains and other items be 2:5, by how much should his salary be increased in order that he may maintain the same level of consumption as before, his present salary being Rs. 2590?
(a)
Rs. 323.75
(b)
Rs. 350
(c)
Rs. 360.50
(d)
None of these
Prices register in increase of 10% on food grains and 15% on the other items of expenditures. If the ratio of an employee’s expenditures on food grains and other items be 2:5, by how much should his salary be increased in order that he may maintain the same level of consumption as before, his present salary being Rs. 2590?
(a)
Rs. 323.75
(b)
Rs. 350
(c)
Rs. 360.50
(d)
None of these
Question ID - 57377 | SaraNextGen Top Answer
Prices register in increase of 10% on food grains and 15% on the other items of expenditures. If the ratio of an employee’s expenditures on food grains and other items be 2:5, by how much should his salary be increased in order that he may maintain the same level of consumption as before, his present salary being Rs. 2590?
(a)
Rs. 323.75
(b)
Rs. 350
(c)
Rs. 360.50
(d)
None of these
|
Prices register in increase of 10% on food grains and 15% on the other items of expenditures. If the ratio of an employee’s expenditures on food grains and other items be 2:5, by how much should his salary be increased in order that he may maintain the same level of consumption as before, his present salary being Rs. 2590? |
|
|||||||
|
(a) |
Rs. 323.75 |
(b) |
Rs. 350 |
(c) |
Rs. 360.50 |
(d) |
None of these |
|
Let the expenditure on food and other items be Rs. 2
and Rs. 5
.
Then, 
So, expenditure on food = 
Rs. 370.
Expenditure on other items = 
Rs. 1850.
New expenditure = 110% of Rs. 740 + 115% of Rs. 1850 = Rs. 2941.50.
Decreased increase = Rs. 
= Rs. 351.50.