Question

    Raj saves Rs. 4500 more if he spends 65% of his income

    instead of 80%. Find the savings of Sanjay whose income is 25% 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
    E Rs. 2700 Correct Answer Incorrect Answer

    Solution

    Let, the income of Raj be Rs. x According to the question, 0.80x – 0.65x = 4500 Or, 0.15x = 4500 Or, x = 4500/0.15 = Rs. 30000 Savings of Sumit = 0.15 × 1.25 × 30000 = Rs. 5625

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