New Enroll here to Join NaBFID Analyst Into Class on May 6

    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?
    A Rs. 2,750 Correct Answer Incorrect Answer
    B Rs. 3,000 Correct Answer Incorrect Answer
    C Rs. 2,250 Correct Answer Incorrect Answer
    D Rs. 3,500 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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

    Practice Next

    Relevant for Exams: