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Question

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 - Savings

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.

A Rs.2100 Correct Answer Incorrect Answer
B Rs.1900 Correct Answer Incorrect Answer
C Rs.1650 Correct Answer Incorrect Answer
D Rs.1780 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

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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