The monthly incomes of A and B are Rs. 12000 and Rs. 15000 respectively. The monthly expanditure of A is Rs. 8000.If the ratio of the monthly expanditure of A and B is 2 : 3, then what is the sum of their monthly savings?
Show answer & explanation
Correct answer: A
Explanation
Correct Answer is option 1 i.e. Rs. 7000
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Understanding |
Application |
Calculation |
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Income of A = Rs. 12000 Expenditure of A = Rs. 8000 |
So, Savings of A = Rs. 4000 |
⇒ 12000 – 8000 ⇒ 4000 |
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Ratio of the expenditures of A and B is 2 : 3, |
So, Expenditure of B = Rs. 12000 |
⇒ 8000 × 3/2 ⇒ 12000 |
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Since Income of B = Rs. 15000 |
So, Savings of B = Rs. 3000 |
⇒ 15000 – 12000 ⇒ 3000 |
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Sum of savings = Rs. 7000 |
⇒ 4000 + 3000 ⇒ 7000 |