They could even sta
Practice set 6.1
1. Alka spends 90% of the money that she receives every month, and saves Rs. 120.
much money does she get monthly ?
2. Sumit borrowed a capital of Rs. 50,000 to start his food products business. In the first
he suffered a loss of 20%. He invested the remaining capital in a new sweets busines
made a profit of 5%. How much was his profit or loss computed on his original cap
3. Nikhil spent 5% of his monthly income on his children's education, invested 14
shares, deposited 3% in a bank and used 40% for his daily expenses. He was left u
balance of Rs. 19,000. What was his income that month ?.
4. Mr. Sayyad kept Rs. 40,000 in a bank at 8% compound interest for 2 years. Mr. Fern
invested Rs. 1,20,000 in a mutual fund for 2 years. After 2 years, Mr. Fernando
Rs. 1,92,000. Whose investment turned out to be more profitable ?
5. Sameera spent 90% of her income and donated 3% for socially useful causes. If sl
with Rs. 1750 at the end of the month, what was her actual income ?
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