The expenditures of R are 65% of his salary. If his salary increased by 10% and his savings are ₹3,150 more than previous savings, his expenditures are now 60% of his salary. His present salary is ₹______.
- AOption (a)
38,500
- BOption (b)
37,500
- COption (c)
39,000
- DOption (d)
35,000
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Correct answer
38,500
Why this answer is correct
Shortcut Trick
Ratio of Initial Salary to New Salary = 100 : 110
Initial Savings = 35% of 100 = 35 units
New Savings = 40% of 110 = 44 units (Since new Expenditure is 60%)
Difference in Savings = 44 − 35 = 9 units → ₹3,150
1 unit = 3150 ÷ 9 = 350
Present Salary = 110 × 350 = ₹38,500
∴ The correct answer is ₹38,500.
Alternate Method
Given:
Initial Expenditure = 65% of Salary
Salary increase = 10%
Savings increase = ₹3,150
New Expenditure = 60% of New Salary
Formula Used:
Salary = Expenditure + Savings
Calculations:
Let the Initial Salary be 100x.
⇒ Initial Savings = 100x − 65% of 100x = 35x
⇒ New Salary = 100x + 10% of 100x = 110x
⇒ New Expenditure = 60% of 110x = 0.60 × 110x = 66x
⇒ New Savings = 110x − 66x = 44x
⇒ Difference in Savings = 44x − 35x = 9x
⇒ 9x = 3,150
⇒ x = 3,150 ÷ 9 = 350
⇒ Present Salary = 110x = 110 × 350
⇒ Present Salary = ₹38,500
∴ The correct answer is ₹38,500.
Additional Information
Basic Salary Relation
Income is always the sum of Expenditure and Savings. Income = Expenditure + Savings.
Percentage Change Formula
Percentage Change = (Final Value − Initial Value) ÷ Initial Value × 100.
Effective Percentage increase
When a base increases by a% and the component share changes from b% to c%, the net change depends on the product of the new base and the new percentage.