πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Ritesh allocates 80% of his monthly income to expenses

      and saves Rs. 7000. Rishav, whose monthly income is 20% lower than Ritesh's, spends 75% of his income. Calculate the amount Rishav saves each month.
      A Rs. 4400 Correct Answer Incorrect Answer
      B Rs. 5200 Correct Answer Incorrect Answer
      C Rs. 8500 Correct Answer Incorrect Answer
      D Rs. 8500 Correct Answer Incorrect Answer
      E Rs. 7000 Correct Answer Incorrect Answer

      Solution

      Let the income of Ritesh be Rs. β€˜x’. According to the question, 0.20x = 7000 Or, x = Rs. 35000 Income of Rishav = 0.80 Γ— 35000 = Rs. 28000 Therefore, savings of Rishav = 0.25 Γ— 28000 = Rs. 7000

      Practice Next

      Relevant for Exams:

      ask-question