Question
Rahul saves Rs. 5800 more if he spends 55% of his income
instead of 75%. Find the savings of Sumit whose income is 20% more than that of Rahul, and spends 85% of his income.Solution
Let, the income of Rahul be Rs. x According to the question, 0.75x – 0.55x = 5800 Or, 0.20x = 5800 Or, x = 5800/0.20 = Rs. 29000 Savings of Sumit = 0.15 × 1.20 × 29000 = Rs. 5220
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