Question

Naman spends 25 percent of his income on food and 35 percent on children's education. He spends 50 percent of the remaining part on house rent. What percentage of income is left?
1. 15 percent
2. 20 percent
3. 30 percent
4. 10 percent

Answer 1

Correct Answer - Option 2 : 20 percent

Given:

Naman spends 25 percent of his income on food and 35 percent on children's education and 50 percent of the remaining part on house rent

Calculation:

Total income spend on food and children's education = 25 + 35 = 60%

Income spent on house rent = 50% of 40% of the income = 20%

∴ Income left = 100 - (60 + 20) = 20%