1.

Each of the question below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question.Sid has a monthly income of Rs. 60000 out of which every month he saves some amount. He distributes some amount of money among his three sisters and one brother. Out of remaining amount of his income, he spends 40% on other things and rest of the amount is saved by him.What percent of money is received by each sister if each sister receives equal amount?Statement I: Each sister received Rs. 500 less than the amount received by brother and Sid’s other expenditure is Rs. 16800.Statement II: Sid saves Rs. 25200 on every month.Statement III: Each sister and brother received equal amount and saving are Rs. 25200.1. Both statement I and II2. Either statement I and III3. Statement I4. Statement II5. Statement III

Answer» Correct Answer - Option 2 : Either statement I and III

Income = Rs. 60000

Let amount received by each sister = p

Statement I:

Amount received by sid’s brother = p + 500

Other expenditure = 16800

Savings = (60/100) × (100/40) × 16800 = 25200

Now, 60000 = 3p + p + 500 + 16800 + 25200

P = Rs. 4375

Percent of money is received by each sister = (4375/60000) × 100 = 7.29%

Statement II:

Savings = Rs. 25200

Other expenditure = (40/100) × (100/60) × 25200 = Rs. 16800

60000 = 25200 + 16800 + share of three sister + share of brother

3p + share of brother = 18000

Given data is not sufficient to determine the answer.

Hence, this statement is redundant to fine the answer.

Statement III:

Savings = Rs. 25200

Other expenditure = (40/100) × (100/60) × 25200 = Rs. 16800

60000 = 25200 + 16800 + share of three sister + share of brother

4p = 18000

P = Rs. 4500

Percent of money is received by each sister = (4500/60000) × 100 = 7.5%



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