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?
Option 1: 11 : 5
Option 2: 5 : 2
Option 3: 11 : 3
Option 4: 8 : 3
New: SSC CHSL Tier 2 answer key released | 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: 11 : 3
Solution : Let Q's expenditure be $x$. ⇒ P's expenditure = 180% of $x=\frac{180}{100}x=1.8x$ And, P's income = 400% of $x=4x$ ⇒ P's savings = $4x - 1.8x=2.2x$ Now, P's income = 250% of Q income ⇒ 250% of Q income = $4x$ ⇒ Q income = $\frac{4x}{250\%}=\frac{4x}{250}\times100=1.6x$ $\therefore$ Q's savings = $1.6x - x=0.6x$ ⇒ The ratio of the savings of P and Q = $2.2x : 0.6x=11 : 3$ Hence, the correct answer is 11 : 3.
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 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?
Question : The ratio of Ram's salary to Shyam's salary is 3 : 4. The ratio of Shyam's salary to Ghanshyam's salary is 5 : 6. What will be the ratio of Ram's salary to Ghanshyam's salary?
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?
Question : The ratio of income of Jitendra, and Narendra is $4: 7$ and the ratio of their expenditure is $6: 5$ respectively. If Jitendra saves Rs. 400 out of Rs. 2800 income, then find the savings of Narendra.
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?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile