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    Question

    Raj saves Rs. 7500 more if he spends 60% of his income

    instead of 90%. Find the savings of Sanjay whose income is 30% more than that of Raj, and spends 85% of his income. 
    A Rs. 4875 Correct Answer Incorrect Answer
    B Rs. 5625 Correct Answer Incorrect Answer
    C Rs. 7500 Correct Answer Incorrect Answer
    D Rs. 4320 Correct Answer Incorrect Answer

    Solution

    Let, the income of Raj be Rs. x According to the question, 0.90x – 0.60x = 7500 Or, 0.30x = 7500 Or, x = 7500/0.30 = Rs. 25000 Savings of Sumit = 0.15 × 1.30 × 25000 = Rs. 4875

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