Question
Arun and Baldev have monthly savings in the ratio of
8:5, respectively. Baldev's monthly expenditure exceeds Arun's monthly savings by ₹20,200. Additionally, Arun's monthly expenditure is ₹2,200 more than Baldev's. Given that Arun and Baldev's monthly salaries are in the ratio of 8:7, determine Arun's monthly savings.Solution
Let the monthly savings of Arun and Baldev be Rs. ‘8x’ and Rs. ‘5x’ respectively. Monthly expenditure of Baldev = Rs. (8x + 20,200) Monthly expenditure of Arun = 8x + 20200 + 2200= Rs.(8x + 22,400) According to question, (8x + 8x + 22400)/(5x + 8x + 20200) = 8/7 (16x + 22400)/(13x + 20200) = 8/7 112x + 156800 = 104x + 161600 8x = 4800 So, monthly savings of Arun = Rs. 4800
What is the minimum amount that needs to be invested in Alternate Investment Fund?
Who is the head of the RBI committee for secondary market in corporate loans?
The provisioning norms for Standard assets which are Farm Credit to agricultural activities, individual housing loans and Small and Micro Enterprises (...
Which of the following ministry recently launched the Citizen Perception Survey-2022?
Recently central government hikes sugarcane FRP by Rs ____ per quintal for 2022-23 season.
Identify the correct description of Ways and Means Facility?
Which initiative did IndoSpace launch to become the largest Infrastructure Investment Trust (InvIT) in India’s industrial and logistics sector?
Which currency did Zimbabwe launch and is backed by gold reserves to address economic instability?
Which flagship programme directly promotes women’s self-employment, social mobilization, and sustainable livelihoods in rural India?
The primary objective of the FIT Rank for MSMEs is to: Â