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

    ⚡ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚡
    00:00:00 AM Left

    Question

    Monthly incomes of Priya and Siya are Rs. 32,000 and Rs.

    _______, respectively. Priya and Siya save 15% and 25% of their respective incomes. The difference between their savings is Rs. _______. The values given in which of the following options will fill the blanks in the same order to make the above statement true: I. 30000, 1200 II. 28000, 1400 III. 36000, 4200 IV. 34000, 2800
    A Only IV Correct Answer Incorrect Answer
    B Only I and III Correct Answer Incorrect Answer
    C Only IV and II Correct Answer Incorrect Answer
    D Only III Correct Answer Incorrect Answer
    E All Statements are true Correct Answer Incorrect Answer

    Solution

    ATQ, For I: Saving of Priya = 0.15 × 32000 = Rs. 4800 Saving of Siya = 0.25 × 30000 = Rs. 7500 Required difference = 7500 – 4800 = Rs. 2700 (Not true) For II: Saving of Priya = 0.15 × 32000 = Rs. 4800 Saving of Siya = 0.25 × 28000 = Rs. 7000 Required difference = 7000 – 4800 = Rs. 2200 (Not true) For III: Saving of Priya = 0.15 × 32000 = Rs. 4800 Saving of Siya = 0.25 × 36000 = Rs. 9000 Required difference = 9000 – 4800 = Rs. 4200 (True) For IV: Saving of Priya = 0.15 × 32000 = Rs. 4800 Saving of Siya = 0.25 × 34000 = Rs. 8500 Required difference = 8500 – 4800 = Rs. 3700 (Not true) So, III is true.

    Practice Next
    More Income and Expenditure Questions

    Relevant for Exams:

    ask-question