Question
Download Solution PDFShiva’s monthly salary is Rs. 75,000. He spends Rs. 12,000 on household items, Rs. 14,000 on LIC and mutual funds, Rs. 15,000 on his children’s education, and keeps Rs. 10,000 for miscellaneous expenses. His savings are Rs. 21,000 per month and he donates the rest of the amount to an orphanage. The percentage of his income that he donates is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Shiva’s monthly salary = Rs.75,000
Shiva’s savings = Rs.21,000
Calculation:
Shiva’s total expenditure = (12,000 + 14,000 + 15,000 + 10,000) = Rs.51,000
The amount Shiva donated to the orphanage
⇒ 75,000 - (51,000 + 21,000)
⇒ 75,000 - 72,000 = Rs.3,000
So
Required percentage = (3,000/75,000) × 100
⇒ 100/25 = 4%
∴ The correct answer is 4%.
Last updated on Jul 19, 2025
-> The SSC CGL Notification 2025 has been announced for 14,582 vacancies of various Group B and C posts across central government departments.
-> CSIR NET City Intimation Slip 2025 has been released @csirnet.nta.ac.in.
-> The SSC CGL Tier 1 exam is scheduled to take place from 13th to 30th August 2025 in multiple shifts.
-> Aspirants should visit the official website @ssc.gov.in 2025 regularly for CGL Exam updates and latest announcements.
-> Candidates had filled out the SSC CGL Application Form from 9 June to 5 July, 2025. Now, 20 lakh+ candidates will be writing the SSC CGL 2025 Exam on the scheduled exam date. Download SSC Calendar 2025-25!
-> In the SSC CGL 2025 Notification, vacancies for two new posts, namely, "Section Head" and "Office Superintendent" have been announced.
-> Candidates can refer to the CGL Syllabus for a better understanding of the exam structure and pattern.
-> The CGL Eligibility is a bachelor’s degree in any discipline, with the age limit varying from post to post.
-> The SSC CGL Salary structure varies by post, with entry-level posts starting at Pay Level-4 (Rs. 25,500 to 81,100/-) and going up to Pay Level-7 (Rs. 44,900 to 1,42,400/-).
-> Attempt SSC CGL Free English Mock Test and SSC CGL Current Affairs Mock Test.