Between two consecutive years my incomes are in the ratio of 2 : 3 and expenses in the ratio 5 : 9. If my income in the second year is Rs 45000 and my expenses in the first year is Rs 25000 my total savings for the two years is :
-
Cannot be determined
-
Rs 1500
-
Rs 10000
-
Rs 5000
D
Correct answer
Explanation
Year 1 income = (2/3) × 45000 = 30000. Year 1 expense = 25000 (given). Savings Year 1 = 30000 - 25000 = 5000. Year 2 expense = (9/5) × 25000 = 45000. Savings Year 2 = 45000 - 45000 = 0. Total savings = 5000 + 0 = 5000. Option C (10000) incorrectly assumes both years have savings.