Income ratio of Ramesh and Suresh is 5:6. Their spending ratio is 7:9. Ramesh saves 4000 and Suresh saves 3000. Income and spending respectively of Ramesh and Suresh are

Related MCQs

• Ramesh gets a profit of 20% in one trade and suffers a loss of 20% in the second when he sells 2 cycles for Rs. 4000 each. What is his profit or loss in the entire trade?
• Price of each article of type P, Q, and R is Rs. 300, Rs. 180 and Rs. 120 respectively. Suresh buys articles of each type in the ratio 3:2:3 in Rs. 6480. How many articles of type Q did he purchase?
• Suresh for 2 years invested Rs. 500 in SBI. He also invested Rs. 300 in ICICI for 4 years. At the end he received Rs. 220 from both banks as simple interest. What must have been rate of interest?
• A sum becomes Rs. 3000 at the rate of 12% per annum (simple interest). The same sum becomes Rs. 3300 at the rate of 15% per annum (simple interest) in the same duration. Find the sum and the duration.
• Virat buys an old car for Rs. 50000 and spends Rs. 4000 on its repairs. If he sells the scooter for Rs. 60000, his gain percent is:
• P, Q, R subscribe Rs. 50,000 for a business. P subscribes Rs. 4000 more than Q and Q Rs. 5000 more than R. Out of a total profit of Rs. 25,000, what will be P's share?
• A TV can be bought for Rs. 20000 cash or by paying in four equal monthly installments with an initial down payment of Rs. 4000. If the rate of interest for this facility is 8% per annum, then what would be the installment charged for each month?
• A sum of Rs. 4000 amounts to Rs. 4600 in 5 years at a certain rate of simple interest. What would be the amount, if the rate of interest is increased by 3 %.
• Ramesh’s salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimate loss?
• Ramesh sold a statue for a price 25% higher than the original price of the statue. He had however bought the statue at 20% discount on the original price. With the profit of Rs. 2025, find the original price of the statue.