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      Question

      Raj saves Rs. 3000 more if he spends 65% of his income

      instead of 85%. Find the savings of Sanjay whose income is 20% more than that of Raj, and spends 85% of his income.Β 
      A Rs. 4875 Correct Answer Incorrect Answer
      B Rs. 5625 Correct Answer Incorrect Answer
      C Rs. 2700 Correct Answer Incorrect Answer
      D Rs. 4320 Correct Answer Incorrect Answer

      Solution

      Let, the income of Raj be Rs. x According to the question, 0.85x – 0.65x = 3000 Or, 0.20x = 3000 Or, x = 3000/0.20 = Rs. 15000 Savings of Sumit = 0.15 Γ— 1.20 Γ— 15000 = Rs. 2700

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