Question

Total income of Kshitij, Nishtha and Anu is ₹11,10,000. The % of their expenses are 75%,80% and 90% respectively. If the ratio of their savings is 6:7:11 which is same as the ratio of their respective incomes, then find the Annual Saving of Kshitij.

• A. ₹74,325
• B. ₹75,560
• C. ₹62,225
• D. ₹69,375

Answer 1

The correct option is D ₹69,375

Let the savings and income be 6x , 7x and 11x respectively.
6x + 7x + 11x = 24x
24x = ₹11,10,000
$\Rightarrow$ x = ₹46,250
Income of Kshitij = 6$\times$46250 = ₹2,77,500
Savings of Kshitij = 25% of ₹2,77,500 = $\frac{25}{100}\times 2,77,500$ = ₹69,375