πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      The sum of the original incomes of β€˜X’ and β€˜Y’

      is Rs. 60000. If the income of β€˜X’ had been Rs. 6000 more, then it would have been 20% more than the original income of β€˜Y’. β€˜X’ and β€˜Y’ spend 80% and 75% of their respective original incomes. Find the difference between their savings.
      A Rs. 2500 Correct Answer Incorrect Answer
      B Rs. 3000 Correct Answer Incorrect Answer
      C Rs. 3500 Correct Answer Incorrect Answer
      D Rs. 2000 Correct Answer Incorrect Answer
      E Rs. 1500 Correct Answer Incorrect Answer

      Solution

      Let the original income of β€˜X’ be Rs. x Therefore, original income of β€˜Y’ = Rs. (60000 – x) According to the question, (x + 6000) = 1.2(60000 – x) Or, x + 6000 = 72000 – 1.2x Or, 2.2x = 66000 Or, x = 30000 Income of β€˜X’ = Rs. 30000
      Income of β€˜Y’ = Rs. 30000 Savings of β€˜X’ = 20% of 30000 = Rs. 6000
      Savings of β€˜Y’ = 25% of 30000 = Rs. 7500 Required difference = Rs. 1500

      Practice Next

      Relevant for Exams:

      ask-question