A annually saves 15% and 20% of his income in 2017 and 2018 respectively. If A…
2022
A annually saves 15% and 20% of his income in 2017 and 2018 respectively. If A annually saves Rs. 45000 in 2017, then find the amount saved by A in 2018.
Answer: D. Can’t determine — Savings in 2017 gives the 2017 income, but the 2018 income is not given. Since income may change from year to year, the 2018 saving cannot be determined.
- A.
40000 Rs.
- B.
36000 Rs.
- C.
60000 Rs.
- D.
Can’t determine
- E.
48000 Rs.
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Correct answer: D
Savings in 2017 gives the 2017 income, but the 2018 income is not given. Since income may change from year to year, the 2018 saving cannot be determined.
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