đŸ“¢ Too many exams? Don’t know which one suits you best? Book Your Free Expert đŸ‘‰ call Now!

    Question

    The monthly earnings of Amit and

    Sumit are in the ratio 5:6. Amit’s saving is 50% more than Sumit’s saving. If their combined income is Rs. 44000, and Sumit spends Rs. 18000, what is Amit’s expenditure?
    A Rs.13,050 Correct Answer Incorrect Answer
    B Rs.11,500 Correct Answer Incorrect Answer
    C Rs.11,000 Correct Answer Incorrect Answer
    D Rs.14,520 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let incomes of Amit and Sumit be 5x and 6x, respectively. Then, 5x + 6x = 44000 ⇒ 11x = 44000 ⇒ x = 4000 So, Amit’s income = 5x = Rs. 20000 Sumit’s income = 6x = Rs. 24000 Sumit’s expenditure = Rs. 18000 Sumit’s saving = 24000 – 18000 = Rs. 6000 Amit’s saving = 6000 + (50/100) × 6000 = 6000 + 3000 = Rs. 9000 Amit’s expenditure = 20000 – 9000 = Rs.11,000

    Practice Next
    More Income and Expenditure Questions

    Relevant for Exams:

    ask-question