The ratio of monthly income of P to monthly income of Q is 9: 11, and P's savings are % more than Q's savings. What is the expenditure (in ₹) of P, if the sum of monthly income of P and Q is ₹2,40,000, and expenditure (in ₹) of Q is ₹84000?
The ratio of monthly income of P to monthly income of Q is 9: 11, and P's savings are % more than Q's savings. What is the expenditure (in ₹) of P, if the sum of monthly income of P and Q is ₹2,40,000, and expenditure (in ₹) of Q is ₹84000?
Solution
✅ Correct Option: 4
- Ratio of P's income to Q's income =
- Sum of both incomes = ₹
- Q's expenditure = ₹
Let P's income ,
Let Q's income
Therefore:
- P's income = = ₹
- Q's income = = ₹
Using Income = Expenditure + Savings
For Q:
Q's savings = = ₹
P's savings are % more than Q's savings
P's savings = Q's savings + % of Q's savings
P's savings =
P's savings =
For P:
P's expenditure = P's income - P's savings
P's expenditure =