Question
If the income of Raj is doubled and his expenditure
remains the same, then he saves Rs. 50,000 more than his original savings. What will be the savings of Suresh if his income is 20% more than the original income of Raj and he spends Rs. 25,000?Solution
ATQ, Since, when the income of Raj is doubled and expenditure remained same Therefore, his extra saving will be his original income. Saving of Suresh = 1.20 × 50000 – 25000 = Rs.35,000
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