Question

The income of P is 3/4th of the income of Q and income of R is 70% more than the income of Q. Income of Q is Rs.24000 and expenditure of P is 25% of the expenditure of R. If R saves 20% of his income, then find the savings of P.

A 9840 Correct Answer Incorrect Answer
B 7400 Correct Answer Incorrect Answer
C 8855 Correct Answer Incorrect Answer
D 9810 Correct Answer Incorrect Answer
E 9280 Correct Answer Incorrect Answer

Solution

Income of Q = Rs.24000 Income of P = 3/4 × 24000 = Rs.18000 Income of R = (170/100) × 24000 = Rs.40800 Savings of R = 40800 × (20/100) = Rs.8160 Expenditure of R = 40800 - 8160 = Rs.32640 Expenditure of P = (25/100) × 32640 = Rs.8160 Savings of P = 18000 - 8160 = Rs.9840

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