Question

    The income of ‘M’ is twice more than that of

    ‘N’. The expenditure of ‘M’ is Rs. 2000, which is twice that of ‘N’. If the savings of ‘M’ is 5 times that of ‘N’, then find the income of ‘M’.
    A Rs.4020 Correct Answer Incorrect Answer
    B Rs.4000 Correct Answer Incorrect Answer
    C Rs.3200 Correct Answer Incorrect Answer
    D Rs.4500 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the income of ‘N’ be Rs. ‘x’ Therefore, income of ‘M’ = x + 2x = Rs. 3x Expenditure of ‘N’ = 2000/2 = Rs. 1000 According to the question, 3x – 2000 = 5 × (x – 1000) Or, 3x – 2000 = 5x – 5000 Or, 2x = 3000 Or, x = 1500 Therefore, income of ‘M’ = 3x = Rs. 4500

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