Question
Pawan gives 29% of his monthly income to Aman. He
allocates 16% of his monthly income between Bhanu and Charu, such that Bhanu receives 43.5% of the combined amount given to both Bhanu and Charu. If Charu receives Rs. 1,101 less than 37.5% of the amount Aman receives, determine Pawan's monthly income.Solution
ATQ,
Let monthly income of Pawan be Rs. ‘100x’.
Amount received by ‘Aman’ = 0.29 × 100x = Rs. ‘29x’
Amount received by ‘Bhanu’ and ‘Charu’ together = 0.16 × 100x = Rs. ‘16x’
Amount received by ‘Bhanu’ = (16x × 0.435) = Rs. ‘6.96x’
Amount received by ‘Charu’ = (16x – 6.96x) = Rs. ‘9.04x’
ATQ,
9.04x + 1101 = 0.375 × 29x
Or, 9.04x + 1101 = 10.875x
Or, 1101 = 1.835x
So, x = 600
So, monthly income of Piyush = 100x = 100 × 600 = Rs. 60,000
Which of the following union ministry has initiated the Project Mausam?
Which of the following is not a debt security?
Which of the following Acts helps a bank in its day to day activities?
Current Repo rate is ________.
Which international organisation signed five MoUs with the Ministry of Rural Development (India) under DAY-NRLM for technical assistance?
MUDRA Bank, is a subsidiary of which of the following bank?
Which is not correct about (National Automated Clearing House (NACH)?
The banking facility that helps us to make payments out of our bank account without actually carrying money with us.
What is a stale cheque?
The meaning of Gilt – edged securities is