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    Question

    Rahul saves Rs. 6300 more if he spends 50% of his income

    instead of 80%. Find the savings of Sumit whose income is 20% more than that of Rahul, and spends 85% of his income.
    A Rs. 6375 Correct Answer Incorrect Answer
    B Rs. 5625 Correct Answer Incorrect Answer
    C Rs. 3780 Correct Answer Incorrect Answer
    D Rs. 5220 Correct Answer Incorrect Answer
    E Rs. 6750 Correct Answer Incorrect Answer

    Solution

    Let, the income of Rahul be Rs. x According to the question, 0.80x - 0.50x = 6300 Or, 0.30x = 6300 Or, x = 6300/0.30 = Rs. 21000 Savings of Sumit = 0.15 x 1.20 x 21000 = Rs. 3780

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