Question

    The ratio of income and expenditure of Priya is 23:15,

    respectively. Her friend Riya saves 40% more than Priya. If Priya’s expenditure is Rs. 18,750, calculate Riya’s savings.
    A Rs.13,990 Correct Answer Incorrect Answer
    B Rs.15,000 Correct Answer Incorrect Answer
    C Rs.14,000 Correct Answer Incorrect Answer
    D Rs.10,140 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Savings of Priya = (8/15) × 18,750 = Rs. 10,000

    Therefore, savings of Riya = 1.40 × 10,000 = Rs. 14,000

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