Question

In the last financial year the ratio of the monthly incomes of Viraj and Rohan was m : n and the ratio of their monthly expenditures was p : n. In the current financial year Viraj's income has increased by q% and his expenditure has gone up by 2q%. The corresponding increases for Rohan have been r% and s% respectively The current monthly savings of Viraj and Rohan are respectively Rs ‘u’ and Rs ‘v’, while the monthly savings of Rohan last year was Rs ‘t’. Which one of the following is correct in respect of the Question and the Statements given below?

Which one of the following is correct in respect of the Question and the Statements given below?

Statement I: The values of m, n, p, q, r, s, t, u, and v are given respectively as 8, 5, 4, 12.5, 40, 20, 10000, 58000 and 24000.

Statement 2: The values of m, n, p, q, r, s, t, u, and v are given respectively as 10, 7, 6, 15, 40, 20, 7700, 21530, and 14140.