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Question

'M' and 'N' have a combined income of Rs. 1,80,000. 'M' spends 65% of his income, whereas 'N' spends 60% of her income, resulting in 'N's savings being Rs. 6,000 less than 'M's savings. If 'O's income is equal to the sum of the average savings of 'M' and 'N', then determine 'O's savings, given that he saves 40% of his income.

A Rs. 5,000

B Rs. 11,700

C Rs. 13,360

D Rs. 15,075

E Rs. 25,000

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