Question
The ratio of income of 'X' to that of 'Y' is 5:6. Sum of
their expenditures is Rs. 80,000. Savings of 'X' is 30% more than that of 'Y'. Expenditure of 'X' is 45% of the sum of income of 'X' and 'Y'. Find the income of 'Y'.Solution
ATQ, Let the income of 'X' and 'Y' be Rs. '5m' and Rs. '6m', respectively. Let the savings of 'Y' be Rs. '8n'. Savings of 'X' = 1.30 × 8n = Rs. '10.4n' Sum of expenditure of 'X' and 'Y' = (5m - 10.4n) + (6m - 8n) = 80000 Or, 11m - 18.4n = 80000 ....(i) ATQ, 0.45 × 11m = 5m - 10.4n Or, 4.95m = 5m - 10.4n Or, 5m - 4.95m = 10.4n Or, 0.05m = 10.4n Or, m = (10.4n / 0.05) = 208n Put the value of 'm' in equation (i), we get, 11 × 208n - 18.4n = 80000 Or, 2288n - 18.4n = 80000 So, n = (80000 / 2270) = 35.24 Or, 'm' = 208n = 208 × 35.24 = 7330 Income of 'Y' = 6m = 6 × 7330 = Rs.43,980
The Union Cabinet has allocated how much amount to support infrastructure around hydropower projects under the revised scheme?
What year was IndusInd Bank founded, which introduced the 'Indus Solitaire Program,' a community banking initiative tailored for the diamond industry, i...
Who has become the first Indian to be named the 'Best Asian Under-20 Male Athlete of the Year'?
What is the main purpose of the 'Bharat Utsav' event held in Dubai?
Recently Ministry of Agriculture and Farmers Welfare released the 3rd Advance Estimates of the area and production of various _______ crops for the year...
According to the information provided by the Labour Bureau,the year-on-year inflation for the month stood at _____ compared to 6.16 per cent for the pre...
Giridhar Malviya, grandson of Pandit Madan Mohan Malviya, served as Chancellor of which institute?
Who presented the First-Class Medal of Independence to the ambassador of Paraguay in the UAE?
Which organization imposed a ₹1,000 crore penalty on the Punjab government for failing to manage waste?
Renowned personality Sulochna Latkar has recently passed away.To which profession did he belong to?