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

    Question

    When A's income is doubled and his expenditure remains

    unchanged, his savings increase by Rs. 40,000. If B's income is 15% higher than A's initial income and his expenditures total Rs. 20,000, what would B's savings amount to?
    A Rs. 26,000 Correct Answer Incorrect Answer
    B Rs. 20,000 Correct Answer Incorrect Answer
    C Rs. 28,000 Correct Answer Incorrect Answer
    D Rs. 32,000 Correct Answer Incorrect Answer
    E Rs. 35,000 Correct Answer Incorrect Answer

    Solution

    Since, when the income of A is doubled and expenditure remained same Therefore, his extra saving will be his original income. Saving of B = 1.15 × 40000 – 20000 = Rs. 26,000

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