When A's income is doubled and his expenditure remains unchanged, his savings increase by Rs. 40,000. If B's income is 15% higher than A's initial income and his expenditures total Rs. 20,000, what would B's savings amount to?
Since, when the income of A is doubled and expenditure remained same Therefore, his extra saving will be his original income. Saving of B = 1.15 × 40000 – 20000 = Rs. 26,000
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.40,000 and Income tax rate is 30%, what will be the Gros...
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