πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      The sum of the monthly incomes of β€˜A’, β€˜B’ and

      β€˜C’ is Rs. 75000 which is 4 times the monthly income of β€˜C’. If β€˜A’ spends 70% of his income while β€˜B’ spends 80% of his income and the sum of their savings is Rs. 20000, then find the savings of β€˜A’.
      A Rs. 23500 Correct Answer Incorrect Answer
      B Rs. 24000 Correct Answer Incorrect Answer
      C Rs. 26250 Correct Answer Incorrect Answer
      D Rs. 22690 Correct Answer Incorrect Answer
      E Rs. 10990 Correct Answer Incorrect Answer

      Solution

      Monthly income of β€˜C’ = 75000/4 = Rs. 18750 Let the monthly income of β€˜A’ be Rs. x Therefore, monthly income of β€˜B’ = Rs. (56250 – x) According to the question, 0.30x + 0.20(56250 – x) = 20000 Or, 0.1x = 8750 x = 87500 Or, savings of β€˜A’ = 0.3x = Rs. 26250

      Practice Next
      ask-question