Question
"The monthly incomes of Amit and
Bhuvan are in the ratio of 8:5. Bhuvan's monthly expenditure is 70% higher than Amit's monthly savings. Amit's monthly expenditure exceeds Bhuvan's by Rs. 7,800. If their monthly savings are in the ratio of 5:4, what is the average monthly income of Amit and Bhuvan?"Solution
ATQ, Let the monthly savings of Amit and Bhuvan are Rs. 5p and Rs. 4p respectively. Monthly expenditure of Bhuvan = 1.7 × 5p = Rs. 8.5p Monthly expenditure of Amit = Rs. 8.5p + 7800 According to question: (5p + 8.5p + 7800)/ (4p + 8.5p) = 8/5 67.5p + 39000 = 100p 32.5p = 39000 p = 1200 So, the monthly income of Amit = 5 × 1200 + 8.5 × 1200 + 7800 = 6000 + 10200 + 7800 = Rs. 24,000 Monthly income of Bhuvan = 4 × 1200 + 8.5 × 1200 = 4800 + 10200 = Rs. 15,000 So, the average monthly income of Amit and Bhuvan = (24000 + 15000)/2 = 39000/2 = Rs. 19,500
When a person through agreement, misrepresentation or negligence makes the other person believe in certain things upon which the other person had taken ...
As per the Banking Regulation Act which of the following statements relating to the acquisition of qualification shares by managing directors of a banki...
In the trial of summons case by a Magistrate
I. Charges must be framed
II. It is not necessary to frame charges
III. Charges can be...
Two or more persons are said to consent_______________
Under which Section of the Specific Relief Act, 1963 the court has been empowered to engage expert in any suit?
Marshalling is ____________.
A person appointed as proxy shall act on behalf of such member or number of members _______________ and such number of shares as may be prescribed
DIN under Companies Act stand for_______________
The Delhi Special Police Establishment Act lays down that the Delhi Special Police Establishment shall not conduct any inquiry or investigation into any...
What is the condition for members of the Delhi Special Police Establishment to exercise powers and jurisdiction in a state as per the Delhi Special Poli...