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    Question

    Monthly savings of X is 60% 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. 11000 Correct Answer Incorrect Answer
    B Rs. 12070 Correct Answer Incorrect Answer
    C Rs. 11070 Correct Answer Incorrect Answer
    D Rs. 13070 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Monthly savings of X = 0.60 × 9000 = Rs. 5400 Monthly expenditure of X = 9000 – 5400 = Rs. 3600 Monthly expenditure of Y = (15/8) × 3600 = Rs. 6750 Monthly savings of Y = 6750/1.25 = Rs. 4320 Monthly income of Y = 6750 + 4320 = Rs. 11070

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