ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    Salary of Karan is 80% more than that of Mohan. Karan

    saves 55% of his income, and Mohan saves 25%. If the difference in their expenses is Rs. 1,260, find KaranтАЩs total savings.
    A Rs. 20,790 Correct Answer Incorrect Answer
    B Rs. 25,790 Correct Answer Incorrect Answer
    C Rs. 19,700 Correct Answer Incorrect Answer
    D Rs. 21,090 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let MohanтАЩs income be Rs. 100n KaranтАЩs income = 1.8 ├Ч 100n = Rs. 180n Expenditure of Karan = 0.45 ├Ч 180n = Rs. 81n Expenditure of Mohan = 0.75 ├Ч 100n = Rs. 75n So, 81n - 75n = 1260 Or, 6n = 1260 Or, n = 210 Savings of Karan = 180n - 81n = 99n = 99 ├Ч 210 = Rs. 20,790

    Practice Next
    More Income and Expenditure Questions

    Relevant for Exams:

    ask-question