Multiple choice

The monthly income of P and Q are Rs 40000 and Rs 50000. The monthly expenditure of P is Rs 16000. If the ratio of monthly expenditure of P and Q is 2:3, then what is the sum of their monthly savings?

  1. Rs 40000

  2. Rs 42000

  3. Rs 48000

  4. Rs 50000

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

P saves Rs 40000 - Rs 16000 = Rs 24000. Since the expenditure ratio is 2:3, Q's expenditure is (3/2) × 16000 = Rs 24000, so Q saves Rs 50000 - Rs 24000 = Rs 26000. Total savings = 24000 + 26000 = Rs 50000.