Question

    The income of Amar is 20% more than the income of Akbar.

    If the difference between their incomes is Rs. 5,000 and they spend 80% of their respective incomes, then find the sum of their savings.
    A Rs.11500 Correct Answer Incorrect Answer
    B Rs.10000 Correct Answer Incorrect Answer
    C Rs.12000 Correct Answer Incorrect Answer
    D Rs.11000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the income of Akbar be Rs. 'x'. Therefore, income of Amar = Rs. '1.2x' According to the question, Therefore, income of Akbar = x = Rs.25000 Income of Amar = 1.2x = Rs.30000 Savings of Akbar = 0.2 × 25000 = Rs.5000 Savings of Amar = 0.2 × 30000 = Rs.6000 Required sum = 5000 + 6000 = Rs.11000

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