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State Bank Officers Training Scheme (SBOTS) Test No: 1 - Problem Solving

MCQ on State Bank Officers Training Scheme (SBOTS) - Problem Solving in Full Length Test with Explanation of MCQs

Topic Lesson

Entrytest MCQ No: 15 of 25

Question

Price register an increase of 10% on food grains and 15% on other items of expenditure. If the ratio of expenditure of an employee on food grains and other items be 2:5, by how much should his salary be increased in order that he may maintain the same level of consumption as before? Assume that there is no saving our of his monthly salary of Rs 2590.

A13.57%
B12%
C13%
D18.42%

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