A man earns Rs 20 on the first day and spends Rs 15 on the next day He again earns Rs 20 on the thir...........

Quantitative Aptitiude (CLAT) Number System

A man earns Rs. 20 on the first day and spends Rs. 15 on the next day. He again earns Rs. 20 on the third day and spends Rs. 15 on the fourth day. If he continues to save in this way, how soon will he have Rs. 60 in hand?

On 27th day

On 24th day

On 12th day

On 17th day

Explanation:

Rupees earned on first day = Rs. 20
Rupees spent on first day = Rs. 5
So, Amount of money saved in 2 days = Rs. 5
Amount of money saved in 1 day = Rs. 2.5
Therefore, Amount of money he have on 16th day = 16 × 2.5 = Rs. 40
Also, Amount earned the next day = Rs. 20
So, Total amount with the man on 17th day = 40 + 20 = Rs. 60
Therefore, The correct answer is 17 days.