Question
‘P’ earns Rs. 48000 which is 25% less than what ‘Q’
earns. ‘Q’ spends 50% of his income and saves the rest. If the ratio of savings of ‘P’ to ‘Q’ is 3:5, what is the expenditure of ‘P’?Solution
ATQ,
Income of ‘P’ = Rs. 48000
Therefore, income of ‘Q’ = 48000 / 0.75 = Rs. 64000
Savings of ‘Q’ = 0.5 × 64000 = Rs. 32000
Savings of ‘P’ = 32000 × (3 / 5) = Rs. 19200
Expenditure of ‘P’ = 48000 – 19200 = Rs. 28800
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