Question
The income of Suresh is 30% higher than that of Mukesh.
While Mukesh spends 80% of his income, Suresh spends 60% of his income. If Suresh saves Rs. 6,500, what is the amount saved by Mukesh?Solution
Let income of Mukesh be Rs. '100m' Income of Suresh = 1.3 X 100m = Rs. '130m' Expenditure of Mukesh = 0.8 X 100m = Rs. 80m Expenditure of Suresh = 0.6 X 130m = '78m' Savings of Suresh = 130m - 78m = 52m So, 52m = 6,500 Or, 'm' = 125 Therefore, savings of Mukesh = 100m - 80m = 20 X 125 = Rs. 2,500
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