Question

The ratio of income and expenditure is 7 ∶ 5. Income increases by 50% and expenditure decreases by 20%. If the initial expenditure is Rs.15000. Find the final saving.

• A. Rs. 31500
• B. Rs. 19500
• C. Rs. 12000
• D. Rs. 21500

Answer 1

Answer:

B. Rs. 19500

Ratio of income and expenditure = 7 ∶ 5 5 units ---->15000 Initial income = 7 units = 7 × 3000 = 21000 Income after 50% increase= 21000 × 150/100 = 31500 Expenditure after 20% decrease= 15000 × 80/100 = 12000 Final saving = 31500 – 12000 = Rs. 19500