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    Question

    Income of 'A' is Rs. 1,400 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. 4,200 Correct Answer Incorrect Answer
    B Rs. 5,600 Correct Answer Incorrect Answer
    C Rs. 4,900 Correct Answer Incorrect Answer
    D Rs. 6,000 Correct Answer Incorrect Answer
    E Rs. 4,800 Correct Answer Incorrect Answer

    Solution

    Let the income of 'A' be Rs. 'x' Therefore, income of 'B' = Rs. (x βˆ’ 1400) Difference between their savings
    = 0.70x βˆ’ 0.70(x βˆ’ 1400)
    = 0.70x βˆ’ 0.70x + 0.70 Γ— 1400
    = Rs. 980 Therefore, income of 'C' = (980/0.20) = Rs. 4,900

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