Question
What is the difference in the incomes of Pooja and Payal
if their savings are Rs. 1000 and Rs. 500, respectively, and their income-to-expenditure ratios are 3:4 for Pooja and 2:3 for Payal?Solution
ATQ, Let, income of P and Q be Rs. 3x and Rs. 2x respectively. And, expenditure of P and Q be Rs. 4y and Rs. 3y respectively. According to question, 3x – 4y = 1000 ------(i) And, 2x – 3y = 500 --------(ii) After solving (i) and (ii), we get x = 1000 and y = 500 So, income of P = 3x = Rs. 3000 And, income of Q = 2x = Rs. 2000 Therefore, required difference = 3000 – 2000 = Rs. 1000
What does 'BoP' stand for in economic terms?
What year did Switzerland implement a prohibition on face-covering garments, including burqas and niqabs?
- Which country recently signed a maritime security cooperation agreement with China focusing on the South China Sea?
What percentage score did Kerala achieve in the overall Management Effectiveness Evaluation (MEE)?
Recently Kumudben Joshi died, she was the second female Governor of which state?
What was the trigger for India’s tri-service Operation Sindoor?
Consider the following statements:
I. The Union Cabinet has approved the extension for the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY-Phas...
The Centre launched NIPUN Bharat mission, aimed at equipping every child till class 3 with basic comprehension and mathematical skills. What is the acro...
Which city has gained the top spot on the Global Liveability Index released by the Economist Intelligence Unit (EIU)?
How many new yoga hubs does Uttarakhand plan to establish by 2030 under its Yoga Policy?
Relevant for Exams:
