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

    Question

    The income of person 'A' is 25% higher than that of

    person 'B'. Person 'A' spends Rs. 24,000 and saves 25% more than person 'B'. What is the ratio of their expenditures?
    A 5:4 Correct Answer Incorrect Answer
    B 2:1 Correct Answer Incorrect Answer
    C 6:5 Correct Answer Incorrect Answer
    D 3:2 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let, income of ‘B’ be Rs. x So, income of ‘A’ = Rs. 1.25x Let, savings of ‘B’ be Rs. y Then, savings of ‘A’ = Rs. 1.25y Expenditure of A = Rs. 1.25(x – y) Expenditure of B = Rs. (x – y) Required ratio = 1.25(x – y):(x – y) = 5:4

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