CAT 2022 Slot 2 Paper

Question : 48 of 66

Marks: +1, -0

Manu earns ₹4000 per month and wants to save an average of ₹550 per month in a year. In the first nine months, his monthlyexpense was ₹3500, and he foresees that, tenth month onward, his monthly expense will increase to ₹3700. In order to meet hisyearly savings target, his monthly earnings, in rupees, from the tenth month onward should be

4400
4200
4300
4350

Validate

Solution:

Savings target in a year

=550 × 12=

Rs 6600
Saving in first 9 months

=9(4000-3500)=

Rs 4500
Saving for remaining 3 months should be

6600-4500

, i.e. Rs 2100
Savings for each month in last 3 months

=\;{2100}/{3}=

Rs 700
It is given, monthly expenses in last 3 months

=

Rs 3700
This implies, his monthly earnings from 10th month should be

3700+700

, i.e. Rs 4400
The answer is option A.

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