📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ BIG BEE DAYS Are Live - Spin the Wheel to Get BIGGEST DISCOUNT of the Year -âš¡

    Question

    Vicky and Vinay have their

    monthly incomes in the ratio of 7:9. Their monthly expenditures are Rs. 6200 and Rs. 7800, respectively. If the ratio of their monthly savings is 3:4, find the difference in their monthly savings.
    A Rs.1250 Correct Answer Incorrect Answer
    B Rs.1200 Correct Answer Incorrect Answer
    C Rs.1225 Correct Answer Incorrect Answer
    D Rs.1300 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    We can say that Let monthly income of Vicky and Vinnay be Rs. 7x and Rs. 9x, respectively. ATQ, (7x –6200)/(9x – 7800) = 3/4 28x – 24800 = 27x – 23400 x = 1400 Savings of Vicky = 7x – 6200 = 9800 – 6200 = Rs. 3600 Savings of Vinnay = 9x – 7800 = 12600 – 7800 = Rs. 4800 Hence Required difference = 4800 – 3600 = Rs.1200

    Practice Next
    More Income and Expenditure Questions

    Relevant for Exams:

    ask-question