Multiple choice

In Mr. Pandey's family the ratio of expense to savings is 5 : 3. But his expense increases by 80% and income increases by 25%. Thus there is a deficit of Rs.4236 in his savings. The increased income of Mr. Pandey's family is?

  1. 23460 Rs

  2. 32540 Rs

  3. 21180 Rs

  4. 25480 Rs

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let expense = 5x and savings = 3x, so income = 8x. After 80% increase, new expense = 5x × 1.8 = 9x. After 25% increase, new income = 8x × 1.25 = 10x. New savings = 10x - 9x = x. Deficit = old savings - new savings = 3x - x = 2x = 4236, so x = 2118. Increased income = 10x = 10 × 2118 = Rs. 21180.

Keep practicing — related questions