📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      The earnings of Akshat and Beena are in the ratio 7:9,

      respectively. Akshat utilizes 48% of his income and saves the remainder, while Beena spends Rs.2,000 less than what he saves. If the combined savings of Akshat and Beena amount to Rs.13,210, determine the income of Akshat.
      A Rs.10,500 Correct Answer Incorrect Answer
      B Rs.10,350 Correct Answer Incorrect Answer
      C Rs.12,500 Correct Answer Incorrect Answer
      D Rs.11,220 Correct Answer Incorrect Answer
      E none of these Correct Answer Incorrect Answer

      Solution

      ATQ, Let the income of 'Akshat' = Rs. '700a' Then, income of 'Beena' = 700a × (9/7) = Rs. '900a' Savings of 'Akshat' = 700a ×(1 - 0.48) = Rs. '364a' Let the expenses of 'Beena' = Rs. 'P' Then, savings of 'Beena' = Rs. (P + 2000) We have, P + P + 2000 = 2P + 2000 = 900x So, P = (900a - 2000) ÷ 2 = (450x - 1000) So, savings of 'Beena' = 450a - 1000 + 2000 = Rs. (450a + 1000) According to the question, 364a + 450a + 1000 = 13210 Or, 814a = 13210 - 1000 = 12210 So, a = 12210 ÷ 814 = 15 Therefore income of 'Akshat' = 700a = 700 × 15 = Rs 10,500

      Practice Next
      More Income and Expenditure Questions

      Relevant for Exams:

      ask-question