Question
The income of ‘R’ is 25% more than that of ‘S’. R
saves 45% and S saves 30% of their respective incomes. If the difference in their expenses is Rs. 525, calculate the savings of R.Solution
ATQ,
Let the income of 'S' be Rs. '100n'
Income of 'R' = 1.25 × 100n = Rs. '125n'
Expenditure of 'R' = 0.55 × 125n = Rs. '68.75n'
Expenditure of 'S' = 0.7 × 100n = Rs. '70n'
So, 70n – 68.75n = 525
Or, 1.25n = 525
Or, n = 420
Savings of 'R' = 125n – 68.75n = 56.25n = 56.25 × 420 = Rs. 23,625
Who amongst the following is not a complainant as per Consumer Protection Act, 2019?
Which type of tort involves false statements that harm a person's reputation?
If the stock exchange fails to submit the scheme of corporatization and demutualization or the scheme submitted is rejected by SEBI, then the central...
According to the Motor Vehicles Act , what is the definition of a "invalid carriage"?
In the event of occurrence of any vacancy in the office of the Presiding Officer of the Securities Appellate Tribunal by reason of his death, resignatio...
Coparcenary property of a Hindu:
The Headquarter of New Development Bank is located at :
Whoever, being in the manner entrusted with property or having dominion over property dishonestly misappropriates or converts to his own use that prope...
What are the qualifications required for the appointment of a person as a member of a Claims Tribunal as per the Motor Vehicles Act?
The concept of Independence of Judiciary is given by ?
Relevant for Exams:
