Ramesh saves 28% of his salary, while Naresh saves 32%. If both get the same salary and Naresh saves ₹1,736, what is the expenditure of Ramesh?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. ₹3,906.
Naresh saves 32%, so salary = 100%
⇒ 32% = 1736
⇒ 1% = 1736/32 = 54.25
Salary = 100% = 5425
Ramesh's expenditure = 100% − 28% = 72%
⇒ 72% of 5425 = 0.72 × 5425 = 3906