Question

The income of P is 2/5th of the income of Q and income of R is 60% more than the income of Q. Income of Q is Rs.15000 and expenditure of P is 20% of the expenditure of R. If R saves 25% of his income, then find the savings of P.

A 2340 Correct Answer Incorrect Answer
B 2400 Correct Answer Incorrect Answer
C 2850 Correct Answer Incorrect Answer
D 2510 Correct Answer Incorrect Answer
E 2480 Correct Answer Incorrect Answer

Solution

Income of Q = Rs.15000 Income of P = 2/5 × 15000 = Rs.6000 Income of R = (160/100) × 15000 = Rs.24000 Savings of R = 24000 × (25/100) = Rs.6000 Expenditure of R = 24000 - 6000 = Rs.18000 Expenditure of P = (20/100) × 18000 = Rs.3600 Savings of P = 6000 - 3600 = Rs.2400

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