Question
If the income of Marco is doubled and his expenditure
remains the same, then he saves Rs. 70,000 more than his original savings. What will be the savings of Luca if his income is 25% more than the original income of Marco and he spends Rs. 35,000?Solution
ATQ, Since, when the income of Marco is doubled and expenditure remained same Therefore, his extra saving will be his original income. Saving of Luca = 1.25 × 70000 – 35000 = Rs. 52,500
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