📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    The sum of the original incomes of ‘X’ and ‘Y’

    is Rs. 60000. If the income of ‘X’ had been Rs. 6000 more, then it would have been 20% more than the original income of ‘Y’. ‘X’ and ‘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 ‘X’ be Rs. x Therefore, original income of ‘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 ‘X’ = Rs. 30000
    Income of ‘Y’ = Rs. 30000 Savings of ‘X’ = 20% of 30000 = Rs. 6000
    Savings of ‘Y’ = 25% of 30000 = Rs. 7500 Required difference = Rs. 1500

    Practice Next

    Relevant for Exams:

    ask-question