Question

    The average income of three employees, namely Amit, Bisht, and Cherry, is Rs. 24000. Bisht's income is 10% higher than Amit's, and Cherry's income is 50% higher than Amit's. If Cherry's expenditure is Rs. 24000, what is the amount of savings that Cherry has?

    A Rs.6500 Correct Answer Incorrect Answer
    B Rs.5200 Correct Answer Incorrect Answer
    C Rs.6000 Correct Answer Incorrect Answer
    D Rs.4250 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the income of Amit be Rs. 'a' Therefore, income of Bisht = a + 0.1a = Rs. 1.1a Income of Cherry = a + 0.5a = Rs.1.5a Sum of the incomes of all three employees = 24000 × 3 = Rs.72000 Therefore, a + 1.1a + 1.5a = 72000 Or, 3.6a = 72000 Or, a = Rs. 20000 Therefore, savings of Cherry = 1.5a – 24000 = 30000 – 24000 = Rs.6000

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