Question
The sum of the monthly incomes of βAβ, βBβ and
βCβ is Rs. 85000 which is 4 times the monthly income of βCβ. If βAβ spends 75% of his income while βBβ spends 80% of his income and the sum of their savings is Rs. 18900, then find the savings of βAβ.Solution
Monthly income of βCβ = 85000/4 = Rs. 21250 Let the monthly income of βAβ be Rs. x Therefore, monthly income of βBβ = Rs. (63750 β x) According to the question, 0.25x + 0.20(63750 β x) = 18900 Or, 0.05x = 6150 x = 123000 Or, savings of βAβ = 0.25x = Rs. 30750
Which of the following describes an arrangement where one party grants another party the right to use trade name?
Consider the following statement about Capital Budget:
I. Capital Receipts
II. Capital Payments
III. Capital Spending
Whi...
Which of the following enactment has not been amended by IFSCA Act?
What is the upper age limit for joining the PM Vaya Vandana Yojana?
What types of schemes are covered under the disclosure requirements provided by IFSCA for Fund Management Entities that intend to launch or manage ESG s...
Which app is launched by SEBI to create awareness among the investors about the basic concepts of Securities Market, KYC Process, trading and settlement...
When we talk about Demographic Transition, which Stage is characterised with high birth rate, high number of deaths?
If a project needs an initial investment of 25,000, calculate the payback period from the below given information
What is a Follow-on Public Offer (FPO)?
In India, NIFTY and SENSEX are calculated on the basis of