CAT 2022 Question Paper | Quant Slot 2

CAT Previous Year Paper | CAT Quant Questions | Question 5

CAT 2022 Quant was dominated by Arithmetic followed by Algebra. In Arithmetic, the questions were dominated by topics like Speed-time-distance, Mixture and Alligations. This year, there was a surprise. The questions from Geometry were relatively on the lower side as compared to the previous years. There were 8 TITA Qs this year. Overall this section was at a medium level of difficulty.

Question 5 : Manu earns ₹4000 per month and wants to save an average of ₹550 per month in a year. In the first nine months, his monthly expense was ₹3500, and he foresees that, tenth month onward, his monthly expense will increase to ₹3700. In order to meet his yearly savings target, his monthly earnings, in rupees, from the tenth month onward should be

  1. 4200
  2. 4400
  3. 4300
  4. 4350

Best CAT Online Coaching
Try upto 40 hours for free
Learn from the best!

2IIM : Best Online CAT Coaching.

Video Explanation

Best CAT Coaching in Chennai

CAT Coaching in Chennai - CAT 2022
Limited Seats Available - Register Now!

Explanatory Answer

On average, Manu targets saving ₹550 per month.
In the first 9 months, Manu earns ₹4000 per month and spends ₹3500.
So, he ends up saving only ₹450 per month. In other words, he misses his target by ₹50 per month.
So he saves ₹50 \( \times \) 9 = ₹450 less than his target.
In the next 3 months of the year, his expenses are ₹3700 per month. To save ₹550 per month in these three months, his income should be ₹3700 + ₹550 = ₹4250 per month.
But also, he should earn some more to compensate for the ₹450 he was short of in the first 9 months. This ₹450 is earned over a span of 3 months. Or he should earn ₹150 extra each month.
So Manu’s income in the last 3 months = ₹4250 + ₹150 = ₹4400

The answer is '4400'

Choice B is the correct answer.

CAT Questions | CAT Quantitative Aptitude

CAT Questions | CAT DILR

CAT Questions | Verbal Ability for CAT

Where is 2IIM located?

2IIM Online CAT Coaching
A Fermat Education Initiative,
58/16, Indira Gandhi Street,
Kaveri Rangan Nagar, Saligramam, Chennai 600 093

How to reach 2IIM?

Mobile: (91) 99626 48484 / 94459 38484
WhatsApp: WhatsApp Now