Raj saves Rs. 3000 more if he spends 65% of his income instead of 85%. Find the savings of Sanjay whose income is 20% more than that of Raj, and spends 85% of his income.
Let, the income of Raj be Rs. x According to the question, 0.85x – 0.65x = 3000 Or, 0.20x = 3000 Or, x = 3000/0.20 = Rs. 15000 Savings of Sumit = 0.15 × 1.20 × 15000 = Rs. 2700
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