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    Question

    Income of 'A' is Rs. 2,000 more than that of 'B'. Both

    spend 30% of their respective incomes. If the savings of 'C' is 20% of his income and is equal to the difference between the savings of 'A' and 'B', then find the income of 'C'.
    A Rs. 7,000 Correct Answer Incorrect Answer
    B Rs. 6,000 Correct Answer Incorrect Answer
    C Rs. 5,000 Correct Answer Incorrect Answer
    D Rs. 4,000 Correct Answer Incorrect Answer

    Solution

    Let the income of 'A' be Rs. 'x' Therefore, income of 'B' = Rs. (x тИТ 2000) Difference between their savings = 0.70x тИТ 0.70(x тИТ 2000)
    = 0.70x тИТ 0.70x + 0.70 ├Ч 2000
    = Rs. 1400 Therefore, income of 'C' = (1400/0.20) = Rs. 7,000

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