Question
Monthly savings of X is 58% of his monthly income which
is Rs. 5000. 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.Solution
Monthly savings of X = 0.58 × 5000 = Rs. 2900 Monthly expenditure of X = 5000 – 2900 = Rs. 2100 Monthly expenditure of Y = (15/8) × 2100 = Rs. 3937.5 Monthly savings of Y = 3937.5/1.25 = Rs. 2320 Monthly income of Y = 2320 + 3937.5 = Rs. 6257.5
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