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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 | Toppr 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

1 Answer - 5876 Votes

3537

Answer Key : (d) -

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.



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