In January 2022, Kriti paid an EMI of 22% of her monthly salary. She spent the remaining salary on groceries and clothes in a ratio 7: 5. She spent Rs. 18,200 on clothes shopping. If, in February 2022, her salary increased by 16%, then what was her salary (in Rs) in February?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 64,960.
Let the income of Kirti be x
Kriti paid an EMI of 22% of her monthly salary. She spent the remaining salary on groceries and clothes in a ratio 7 : 5. She spent Rs. 18,200 on clothes shopping
⇒ x × (100 - 22)/100 × 5/12 = 18200
⇒ x × 78/100 × 5/12 = 18200
⇒ x = (18200 × 12 × 100)/(78 × 5)
⇒ x = Rs.56000
In February 2022, her salary increased by 16%
⇒ 56000 × (100 + 16)/100
⇒ 56000 × 116/100
⇒ 560 × 116 = Rs. 64960
Hence, the salary of Kirti in February is Rs.64960