πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      The income of 'E' is Rs. 50,000 while the income of 'F'

      is 20% more than that of 'E'. The ratio of expenditure and savings of 'E' is 2:3, respectively. 'F' spends Rs. 6,000 more than he saves. The expenditure of 'F' is how much percent of the savings of 'E'?
      A 110% Correct Answer Incorrect Answer
      B 75% Correct Answer Incorrect Answer
      C 55% Correct Answer Incorrect Answer
      D 120% Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Income of 'F' = 50,000 Γ— 1.20 = Rs. 60,000 Let the saving of 'F' = Rs. 'Y' Then, expenditure of 'F' = Rs. (Y + 6,000) So, Y + Y + 6,000 = 60,000 Or, 2Y + 6,000 = 60,000 So, Y = (60,000 - 6,000) Γ· 2 = 27,000 So, expenditure of 'F' = 27,000 + 6,000 = Rs. 33,000 Savings of 'E' = 50,000 Γ— (3/5) = Rs. 30,000 So, required percentage = (33,000 Γ· 30,000) Γ— 100 = 110%

      Practice Next

      Relevant for Exams:

      ask-question