Allied & ICAR Exam Bank • ALLIED_1768 MCQ • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

A person spends 20% of income on rent, 30% of the remainder on food, and saves the rest. What percentage of the initial income is saved?

Options:

  • (A) 56%
  • (B) 50%
  • (C) 60%
  • (D) 54%

Answer Key:

A

Step-by-Step Solution & Explanation

After rent: 80% left. Food $= 0.30 \times 80\% = 24\%$. Savings $= 80\% - 24\% = 56\%$.
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