Question
The monthly incomes of Rahul, Sanjay, and Vikram are in
the ratio of 3:5:4, while their monthly expenditures are in the ratio of 6:5:7. Rahul earns Rs. 6,000 per month and saves Rs. 2,000 from his income. Based on this information, determine Vikram’s monthly savings.Solution
ATQ; Let monthly income of ‘Rahul’, ‘Sanjay’ and ‘Vikram’ be Rs. ‘3x’, Rs. ‘5x’ and Rs. ‘4x’, respectively. ATQ; ‘3x’ = 6000 Or, x = 2000 So, monthly income of ‘Vikram’ = ‘4x = 4 × 2000 = Rs. 8,000 Let monthly expenditures of ‘Rahul’, ‘Sanjay’ and ‘Vikram’ be Rs. ‘6y’, Rs. ‘5y’ and Rs. ‘7y’, respectively. Monthly savings of ‘Rahul’ = Rs. 2,000 ATQ, (6000 – 6y) = 2000 Or, 6y = 4000 So, y = 667 So, monthly expenditure of ‘Vikram’ = 7y = 7 × 667 = Rs. 4,669 Therefore, monthly saving of ‘Vikram’ = (8000 – 4669) = Rs. 3,331
In which of the following cases Supreme Court rejected the relevancy of hearsay evidence?
Which of the following section of Legal Services Authorities Act, 1987 provides for cognizance of cases by Permanent Lok Adalat?
Rejection of evidence is:
The doctrine of "lis pendens' had been explained in which of the Section of the Transfer of Property Act?
The judgement passed by Hon'ble Supreme Court in Hardeep Singh Vs. State of Punjab (2014) 3 SCC 92, deals with:-
Under the SEBI Act, what action is the Central Government empowered to take to ensure a speedy trial of offences?
Term ‘fall of the hammer’ is associated with
The Board shall, at the requisition made by, in the case of a company having a share capital, such number of members who hold, on the date of the recei...
When is an interest in property considered "vested" under the transfer of property rules?
Under the Digital Personal Data Protection Act, 2023, what is the primary obligation of a Data Fiduciary?