Question

    Income of A is twice the income of B. B and A spend 60%

    and 70% respectively of their incomes. Find the savings of A, if B saves Rs. 15000 in a month.
    A Rs. 22500 Correct Answer Incorrect Answer
    B Rs. 22000 Correct Answer Incorrect Answer
    C Rs. 24500 Correct Answer Incorrect Answer
    D Rs. 22550 Correct Answer Incorrect Answer

    Solution

    Let, income of B be Rs. ‘x’ Expenditure of B = 0.6x So, 0.40x = 15000 x = Rs. 37500 Income of A = 2 × 37500 = Rs. 75000 Savings of A = 30% of 75000 = Rs. 22500

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