In January 2022, Kriti paid an EMI, which was 22% of her monthly salary. She spent the remaining salary on shopping of groceries and clothes in the ratio 7 ∶ 5. She spent Rs. 18,200 on shopping of clothes. If, in February 2022, her salary increased by 16%, then what was her salary (in Rs.) in February?
64,960
Let's break down the problem step by step to find Kriti's salary in February 2022.
We are given information about Kriti's financial activities in January 2022. Let her monthly salary in January 2022 be denoted by \(S\).
The percentage of salary remaining after paying the EMI is:
\(100\% - 22\% = 78\%\)
So, the remaining salary is \(78\%\) of \(S\), which can be written as \(0.78S\).
The remaining salary (\(0.78S\)) was spent on groceries and clothes in the ratio \(7 : 5\).
The total number of ratio parts is \(7 + 5 = 12\).
The amount spent on clothes is \(\frac{5}{12}\) of the remaining salary.
Amount spent on clothes \(= \frac{5}{12} \times 0.78S\)
We are given that Kriti spent Rs. 18,200 on shopping for clothes.
So, we can set up the equation:
\(\frac{5}{12} \times 0.78S = 18200\)
Let's simplify the fraction and decimal:
\(\frac{5}{12} \times \frac{78}{100} S = 18200\)
\(\frac{5 \times 78}{12 \times 100} S = 18200\)
\(\frac{390}{1200} S = 18200\)
Simplify the fraction \(\frac{390}{1200}\) by dividing both numerator and denominator by their greatest common divisor (30):
\(\frac{390 \div 30}{1200 \div 30} S = 18200\)
\(\frac{13}{40} S = 18200\)
Now, solve for \(S\):
\(S = \frac{18200 \times 40}{13}\)
Divide 18200 by 13:
\(18200 \div 13 = 1400\)
So, \(S = 1400 \times 40\)
\(S = 56000\)
Kriti's salary in January 2022 was Rs. 56,000.
In February 2022, Kriti's salary increased by 16% compared to her January salary.
January Salary \( = 56000\)
Increase in salary \( = 16\%\) of 56000
Increase amount \( = 0.16 \times 56000\)
Increase amount \( = 16 \times 560\) (since \(0.16 \times 56000 = 16 \times 560\))
\(16 \times 560 = 8960\)
The increase in salary was Rs. 8,960.
Kriti's salary in February 2022 is her January salary plus the increase:
February Salary \( = \) January Salary \( + \) Increase Amount
February Salary \( = 56000 + 8960\)
February Salary \( = 64960\)
Therefore, Kriti's salary in February 2022 was Rs. 64,960.
| Month | Salary | EMI (22%) | Remaining Salary (78%) | Shopping Ratio (Grocery:Clothes) | Clothes Spending (5/12 of remaining) |
|---|---|---|---|---|---|
| January 2022 | Rs. 56,000 | Rs. 12,320 | Rs. 43,680 | 7:5 (12 parts) | \(\frac{5}{12} \times 43680 = 5 \times 3640 = \) Rs. 18,200 (Matches given) |
| February 2022 | Rs. 64,960 (56000 + 16% increase) | N/A (Not asked) | N/A (Not asked) | N/A (Not asked) | N/A (Not asked) |
This problem involves several key mathematical concepts frequently used in personal finance and economics:
These concepts are fundamental for understanding budgets, expenses, and income changes.
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