Question
Download Solution PDFRajat and Sameer are two professionals. Rajat's monthly income is Rs. 55,000, and Sameer's monthly income is Rs. 40,000. Rajat's savings are 3/11 of his income, while Sameer's savings are 2/5 of his income. What is Sameer's expenditure as a percentage of Rajat's expenditure?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Rajat's income = Rs. 55,000
Sameer's income = Rs. 40,000
Rajat's savings = 3/11 of 55,000 = (3 × 5000) = Rs. 15,000
Sameer's savings = 2/5 of 40,000 = Rs. 16,000
Calculate expenditures:
Rajat's expenditure = 55,000 − 15,000 = Rs. 40,000
Sameer's expenditure = 40,000 − 16,000 = Rs. 24,000
Find Sameer's expenditure as a percentage of Rajat's expenditure:
⇒ (24,000 ÷ 40,000) × 100 = 60%
Thus, the correct answer is 60%.
Last updated on Jun 17, 2025
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