Question
The ratio of monthly income of 'A' to that of 'B' is
4:7, and monthly savings of 'A' are 20% less than that of 'B'. If 'B' saves (1/7)th of his monthly income such that his monthly expenditure is Rs. 14,000 more than that of 'A', then find the yearly income of 'A'.Solution
: Let the monthly income of 'B' be Rs. 35x Therefore, monthly income of 'A' = 35x x (4/7) = Rs. 20x So, the monthly savings of 'B' = (1/7) x 35x = Rs. '5x' Monthly expenditure of 'B' = 35x - 5x = Rs. '30x' Monthly savings of 'A' = 0.80 x 5x = Rs. '4x' Monthly expenditure of 'A' = 20x - 4x = Rs. '16x' ATQ, 30x - 16x = 14000 Or, 14x = 14000 Or, x = 1000 So, the yearly income of 'A' = 12 x 20x = 12 x 20 x 1000 = Rs. 2,40,000
Axis Max Life Insurance partnered with Saarathi Finance to provide which type of insurance to MSMEs?
At the 98th Academy Awards (2026), who won the Best Actor in a Leading Role for the film “Sinners”?
The National Cancer Awareness Day is celebrated on?
What major infrastructures are planned in the Great Nicobar Island Development Project?
Which Indian bank recently increased its stake in Hindustan Unilever Limited (HUL) to over 5%?
The RS-28 Sarmat ICBM is equipped with which key equipment that enables one missile to hit multiple targets simultaneously?
Who won the Best Director award at the 70th Filmfare Awards 2025?
Which country's creative economy was showcased at the Annecy International Animation Festival in France?
What was the current account deficit (CAD) of India in Q2 FY26 as a percentage of GDP?
- Which country has temporarily suspended visa issuance to India and 13 other nations ahead of Hajj 2025?
Relevant for Exams:
