Question

Alka spends 90% of the money that she receives every month, and saves Rs. 120. How
much money does she get monthly ?
Sumit borrowed a capital of Rs. 50,000 to start his food products business. In the first year
he suffered a loss of 20%. He invested the remaining capital in a new sweets business and
made a profit of 5%. How much was his profit or loss computed on his original capital ?​

Answer 1

Step-by-step explanation:

Let, Alka salary = x rs

given that spends 90 percent money. Given that she saves 120rs. So, 10 percent= 120. It means 10 percent of x= 120rs. It means x = 1200rs. So, Alka receives 1200 rs every month.

Original capital= 50000rs

After first loss of 20 percent, Sumit has 40000rs. He invested 40000rs in new sweet business and got profit 5 percent. It means after spending 40000rs, he got 42000/-. So, he got 2000rs profit in sweet business. Overall, sumit lost 10000rs in Food and gained 2000 in sweet business. So overall Sumit lost 8000rs.