Question : P's income is 150% of Q's income and P's expenditure is 60% of Q's expenditure. If Q saves 20% of his income, then how much percentage does P save of his own income?
Option 1: 68%
Option 2: 60%
Option 3: 72%
Option 4: 75%
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: 68%
Solution : Given: P's income is 150% of Q's income = 1.5 × Q's income P's expenditure is 60% of Q's expenditure = 0.6 × Q's expenditure Q saves 20% of his income = 0.2 × Q's income We know, Savings = Income – Expenditure So, Q's expenditure = 0.8 × Q's income ⇒ P's savings = P's income – P's expenditure ⇒ P's savings = 1.5Q's income – 0.6 $×$ 0.8 $×$ Q's income. ⇒ P's savings = 1.5Q's income – 0.48 Q's income = 1.02 Q's income $\therefore$ P's savings as a percentage of his income = $\frac{1.02}{1.5} ×$ 100% = 68% Hence, the correct answer is 68%.
Candidates can download this e-book to give a boost to thier preparation.
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Question : P's income is 250 percent of Q's income and P's expenditure is 180 percent of Q's expenditure. If P's income is 400 percent of Q's expenditure, then what is the respective ratio of P's savings and Q's savings?
Question : Raman spends 75% of his income. If his income increases by 20% and expenditure also increases by 10%, then by what percent will Raman's savings increase?
Question : If the income of R is 30% more than the income of Q and the income of Q is 20% more than the income of P, the income of R is how much percentage more than the income of P?
Question : A spends 68% of his monthly income. If A's monthly income increases by 25% and his monthly savings increase by 15%, then the percentage increase in his monthly expenditure will be:
Question : The ratio of incomes of $\mathrm{P}$ and $\mathrm{Q}$ is $1: 2$. Ratio of income of $\mathrm{Q}$ and $\mathrm{R}$ is $3: 2$. If one-third of $\mathrm{P}$ 's income is INR 4400 less than half of P's income, then what is Q's income?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile