Question
‘Y’ earns 27% more than ‘X’. ‘Y’ saves
66.67% of what ‘X’ earns. ‘X’ saves 90% of ‘Y’s savings. If ‘X’ spends Rs. 14,400, what is the income of ‘Y’?Solution
ATQ,
Let the income of ‘X’ be Rs. 60m Income of ‘Y’ = 1.27 × 60m = Rs. 76.2m Savings of ‘Y’ = 0.6667 × 60m = Rs. 40m Savings of ‘X’ = 0.90 × 40m = Rs. 36m Expenditure of ‘X’ = 60m - 36m = Rs. 24m ATQ, 24m = 14,400 400 ÷ 24 = 600 m = 14, Therefore, income of ‘Y’ = 76.2m = 76.2 × 600 = Rs.45,720
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