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

    Question

    Monthly savings of X is 70% of his monthly income which

    is Rs. 5600. 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. 6280 Correct Answer Incorrect Answer
    B Rs. 6276 Correct Answer Incorrect Answer
    C Rs. 6286 Correct Answer Incorrect Answer
    D Rs. 6576 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Monthly savings of X = 0.7 × 5600 = Rs. 3920 Monthly expenditure of X = 5600 – 3920 = Rs. 1680 Monthly expenditure of Y = (15/8) × 1680 = Rs. 3150 Monthly savings of Y = 3150/1.25 = Rs. 3136 Monthly income of Y = 3150 + 3136 = Rs. 6286

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