Question
The earnings of 'Akash' and 'Bittu' are in the ratio
3:7, respectively. Determine the savings of 'Bittu', considering that his expenses equal 'Akash's income. Statement I: There is a Rs.35,000 difference between the savings of 'Akash' and 'Bittu'. Statement II: The combined expenditure of 'Akash' and 'Bittu' amounts to Rs.55,000. The question consists of two statements numbered "I and II" given below it. You have to decide whether the data provided in the statements are sufficient to answer the question.ÂSolution
ATQ, Let the incomes of 'Aaksh' and 'Bittu' be Rs.'3a' and Rs.'7a', respectively. So, expenditure of 'Bittu' = Rs.'3a' And saving of 'B' = 7a - 3a = Rs.'4a' Statement I: According to the statement; Saving of 'Akash' = Rs.'4a - 35000' (Since, savings of 'Bittu' is Rs.4a and income of 'Akash' is Rs.3a therefore his savings must be less than that of 'Bittu') So, expenditure of 'Akash' = 3a - (4a - 35000) = Rs.(35000 - a) So, data in statement I alone is not sufficient to answer the question. Statement II: Expenditure of 'Akash' = Rs.(55000 - 3a) So, data in statement II alone is not sufficient to answer the question. On combining both statements, we have; 35000 - a = 55000 - 3a Or, 2a = 20000 So, a = 10000 So, savings of 'Bittu' = 4a = 10000 × 4 = Rs.40,000 So, the data in both statements I and II together is necessary to answer the question
What action can the Board take if it finds that a person has violated or is likely to violate any provisions of the SEBI Act, or any rules or regulation...
Which of the following statements about arrest without warrant under BNSS, 2023 is correct?
A public servant with the lawful authority to issue orders promulgates a directive stating that a religious procession is prohibited from passing throug...
Under section 46 of the Motor Vehicles Act, what is required for the use of a motor vehicle in a public place?
"Contempt of court" refers to ________________ as per the Contempt of Courts Act
Under Section 15 of CPC, every suit shall be instituted in?
Right of subrogation is covered under which Section of the TP Act?
How many grounds are provided under S. 13 of CPC which make the foreign judgments not conclusive?
To prove the case of alibi, the burden of proof lies on
Ordinance promulgated by the President Under Article 123 of the Constitution of India shall cease to operate at the expiration of from re-assembly of Pa...
