Two people A and B spend 30 of their income if their total expenditure is Rs 26400 and the income of...........

Quantitative Aptitude(IBPS RRB CL) Percentage

Two people A and B spend 30% of their income, if their total expenditure is Rs. 26400 and the income of A is 20% more than B, what is the income of B?

Rs. 40000

Rs. 36000

Rs. 24000

Rs. 30000

Rs. 48000

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Explanation:

Let the income of B = Rs. 100x,
then
the income of A = 100x + 20% of 100x = Rs. 120x
Total expenditure of A and B = 30%
of (100x + 120x) = 66x
According to question
66x = 26400

⇒ x = 26400/66= 400
Hence, the income of B = 100x = 100 × 400 = Rs. 40000