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Concept of Saving

Total income ...

Question

Total income of Ram, Manohar and Anisha is ₹8,10,000. The % of their expenses are 75%,80% and 90% respectively. If the ratio of their savings is 16:17:12 which is same as the ratio of their respective incomes, then find the Annual Saving of Manohar.

A

₹60860

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B

₹60340

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C

₹62400

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D

₹61200

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Solution

The correct option is D ₹61200
Let the savings and income be 16x , 17x and 12x respectively.
16x + 17x + 12x = 45x
45x = ₹8,10,000
$\Rightarrow$ x = ₹18000
Income of Manohar = 17 $\times$ 18000 = ₹3,06,000
Savings of Manohar = 20% of 3,06,000 = $\frac{20}{100} \times 306000$ = ₹61200.

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