Question
Expenses of G are equal to difference between expenses
of B and D. Savings of G is 16.66% of his monthly income. G spends 35% of his expenses on Food and 40% of remaining spend on Education and remaining on House rent. Find the difference between G’s savings and his expenses on Rent. Study the following graph carefully and answer the questions. The following line graph shows the monthly income and savings of five persons in 2018. Expenses = Income - SavingsSolution
Difference between expenses of B and D = (30000 – 10000) – (15000 – 5000) = Rs.10000 Expenditure of G = Rs. 10000 G spends on Food = 10000 × (35/100) = Rs.3500 G spends on Education = 6500 × (40/100) = Rs.2600 G spends on House rent = 6500 – 2600 = Rs.3900 Savings of G/ Income of G = 1/6 Expenditure of G = 6 – 1 = 5 Now, 5 ------ 10000 => 1 ------ 2000 Difference between G’s savings and his expenses on Rent = 3900 - 2000 = Rs. 1900
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