Question

    TYPE 21

    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.30000 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 5260 Correct Answer Incorrect Answer
    B 3500 Correct Answer Incorrect Answer
    C 3200 Correct Answer Incorrect Answer
    D 4800 Correct Answer Incorrect Answer
    E 4000 Correct Answer Incorrect Answer

    Solution

    Income of Q = Rs.30000 Income of P = 2/5 × 30000 = Rs.12000 Income of R = (160/100) × 30000 = Rs.48000 Savings of R = 48000 × (25/100) = Rs.12000 Expenditure of R = 48000 - 12000 = Rs.36000 Expenditure of P = (20/100) × 36000 = Rs.7200 Savings of P = 12000 - 7200 = Rs.4800

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