Question
The monthly incomes of A and B are in the ratio of 5:6.
A's monthly savings are 50% higher than B's monthly savings, while A's monthly expenditure equals B's monthly savings. Additionally, B's monthly expenditure is Rs. 10,000 more than A's. Determine the difference in their monthly incomes.Solution
Let the monthly savings of B = Rs. x So the monthly savings of A = Rs. 1.5x Monthly expenditure of A = Rs. x Monthly expenditure of B = Rs. x + 10000 According to question: (1.5x + x)/(x + x + 10000) = 5/6 2.5x/ (2x + 10000) = 5/6 15x = 10x + 50000 5x = 50000, x = 10000 Monthly income of A = 2.5 × 10000 = Rs. 25,000 Monthly income of B = 2 × 10000 + 10000 = Rs. 30,000 So the desired difference = 30000 – 25000 = Rs. 5,000
With reference to the office of the Attorney General of India, Which of the following statements is/are correct?
I. He is the highest law offic...
Saikhom Mirabai Chanu is an _______ .
 Which of the following referred to as ‘paper taxes’?
I.             Weather tax
II.           Gift tax
How many planets are terrestrial planets?
Who heads the Inter-Ministerial Committee on Investment in Critical and Foreign Technologies (IMICF)?
Which symbiotic bacterium is responsible for nitrogen fixation?
What is the maximum application amount that individuals can utilize UPI for, as per the guidelines issued by SEBI for public issues of equity shares and...
Who was the first woman to receive the Arjuna award for Hockey?
Consider the following statement about the peace agreement done by Government of India in December 2023:Â
1. It was signed between United Nation...
RBI has launched the Payments Vision document 2025 with the theme of: