New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Monthly savings of X is 50% of his monthly income which

    is Rs. 9000. If ratio of monthly expenditure of Y and X is 15:8 respectively and monthly savings of X is 25% more than that of Y then find monthly income of Y.
    A Rs. 12037.5 Correct Answer Incorrect Answer
    B Rs. 12000 Correct Answer Incorrect Answer
    C Rs. 12700 Correct Answer Incorrect Answer
    D Rs. 12800 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Monthly savings of X = 0.50 × 9000 = Rs. 4500 Monthly expenditure of X = 9000 – 4500 = Rs. 4500 Monthly expenditure of Y = (15/8) × 4500 = Rs. 8437.5 Monthly savings of Y = 4500/1.25 = Rs. 3600 Monthly income of Y = 8437.5 + 3600 = Rs. 12037.5

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