ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    The average income of three employees, namely Amit,

    Bisht, and Cherry, is Rs. 24000. Bisht's income is 10% higher than Amit's, and Cherry's income is 50% higher than Amit's. If Cherry's expenditure is Rs. 24000, what is the amount of savings that Cherry has?
    A Rs.6500 Correct Answer Incorrect Answer
    B Rs.5200 Correct Answer Incorrect Answer
    C Rs.6000 Correct Answer Incorrect Answer
    D Rs.4250 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the income of Amit be Rs. 'a' Therefore, income of Bisht = a + 0.1a = Rs. 1.1a Income of Cherry = a + 0.5a = Rs.1.5a Sum of the incomes of all three employees = 24000 ├Ч 3 = Rs.72000 Therefore, a + 1.1a + 1.5a = 72000 Or, 3.6a = 72000 Or, a = Rs. 20000 Therefore, savings of Cherry = 1.5a тАУ 24000 = 30000 тАУ 24000 = Rs.6000

    Practice Next
    More Income and Expenditure Questions

    Relevant for Exams:

    ask-question