Question
Monthly income of Neha and Suresh is Rs. 68,500 and Rs.
74,800 respectively. Neha spends 10%, 15%, and 19% on house rent, food, and education of children respectively while Suresh spends 16%, 19%, and 14% on house rent, food, and education of children respectively. If Neha and Suresh spend 28% and 21% of their monthly income on other expenses, find the difference between the savings of Suresh and Neha.Solution
ATQ, Total expenditure of Neha = (10 + 15 + 19 + 28)% of 68500 = Rs. 49,320 Savings of Neha = 68500 – 49320 = Rs. 19,180 Total expenditure of Suresh = (16 + 19 + 14 + 21)% of 74800 = Rs. 52,776 Savings of Suresh = 74800 – 52776 = Rs. 22,024 Required difference = 22024 – 19180 = Rs. 2,844
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