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
A person from Pakistan residing in Karachi deceived the complainant in Mumbai through written communication, phone calls, and telegrams, persuading them...
Admissions are:
Who is authorized to compound an offence punishable with fine only, and what is the maximum sum that can be collected for compounding under the LLP Act?
Consider the following statements regarding relevancy of facts in issue and connected facts under Sections 3-4 of the Bharatiya Sakshya Adhiniyam, 2023:...
President's resignation shall be given to:
For a company to accept deposits from public it should be an eligible company. So which companies are referred to as the eligible companies?
In which of the following cases Supreme Court has asked the Centre to create a Bail Act?
If a right or liability is created by a statute, which of the following situation may arise:
When can a plea that arbitral tribunal does not have jurisdiction be raised?
Contract with minor is ____________________
