New Enroll in RBI Grade B New Batch - Starts on May 21

    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?
    A Rs.45,000 Correct Answer Incorrect Answer
    B Rs.30,000 Correct Answer Incorrect Answer
    C Rs.35,000 Correct Answer Incorrect Answer
    D Rs.50,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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

    Practice Next

    Relevant for Exams: