A man's income is 80% of his friend's income. The friend's expenditure is 60% of his income. If the man saves 30% of his income and the friend saves Rs. 4000, what is the man's income? MCQ with Answer and Explanation
A man's income is 80% of his friend's income. The friend's expenditure is 60% of his income. If the man saves 30% of his income and the friend saves Rs. 4000, what is the man's income?
A. Rs. 10000
B. Rs. 15000
C. Rs. 8000
D. Rs. 12000
Answer: Option C
Solution (By JKExamLibrary)
Let friend's income = F. Friend saves 40% of F = 4000 → F = 10000. Man's income = 80% of F = 8000. Man saves 30% of 8000 = 2400. So answer Rs. 8000.
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