MAT · 2007 · Question 33 of 40

MAT 2007 MS Slot 1 Question 33

Answer it first: the answer and the solution appear right after.

Q33 MULTIPLE CHOICE

Due to global recession starting in January, Ram’s monthly salary of Rs. 8000 was cut by 10%. The monthly expenses, which were Rs. 6000, increased at the rate of 5% per month. Since which month will he have no savings if the recession lasted for a year ?