Question

Rakesh adds 12% of his salary in PPF, 3/8th of the remaining amount is spent on clothes and the difference between PPF and clothes expenses is Rs. 10500. The remaining amount is spent on house rent and other expenses. If house rent expenses is Rs. 1500 less than other expenses, then what is the house rent expenses?

• A. 12000
• B. 10000
• C. 13000
• D. 11000
• E. None of these

Answer 1

The correct option is C 13000

PPF = 12%
Clothes = \frac{3}{8}\times 88=33\%
% difference = 21% = 10500
Therefore, his salary is = 50000
Remaining salary $=50000-[\frac{12}{100}\times 50000+\frac{33}{100}\times 50000]=27500$
Money spent as rent = 13000