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M and N’s salaries together amount to Rs. 2,000. M spends 95% of his salary and N spends 85% of his. If now their savings are the same, what is N’s salary?
  • a)
    Rs.1500
  • b)
    Rs.750
  • c)
    Rs.1250
  • d)
    Rs.500
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
M and N’s salaries together amount to Rs. 2,000. M spends 95% of...
Let's assume M's salary is x and N's salary is y.

According to the given information, we can form the following equations:

M + N = 2000 (Equation 1) - their salaries together amount to Rs. 2000

M - 0.95M = N - 0.85N (Equation 2) - their savings are the same

Simplifying Equation 2, we get:

0.05M = 0.15N

Dividing both sides by 0.05, we get:

M = 3N (Equation 3)

Substituting Equation 3 into Equation 1, we get:

3N + N = 2000

Combining like terms, we get:

4N = 2000

Dividing both sides by 4, we get:

N = 500

Therefore, N's salary is Rs. 500.

Hence, the correct answer is option A: Rs. 500.
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Community Answer
M and N’s salaries together amount to Rs. 2,000. M spends 95% of...
M+N=2000
Savings of M=100-95=5%
Savings of N= 100-85 =15%
5% of M saving =15%of N saving
Therefore M/N =15/5
the ratio of their salary is 3:1
N's Salary = 1/4 ×2000
N's Salary = 500
Option D is correct.
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M and N’s salaries together amount to Rs. 2,000. M spends 95% of his salary and N spends 85% of his. If now their savings are the same, what is N’s salary?a)Rs.1500b)Rs.750c)Rs.1250d)Rs.500Correct answer is option 'D'. Can you explain this answer?
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M and N’s salaries together amount to Rs. 2,000. M spends 95% of his salary and N spends 85% of his. If now their savings are the same, what is N’s salary?a)Rs.1500b)Rs.750c)Rs.1250d)Rs.500Correct answer is option 'D'. Can you explain this answer? for Interview Preparation 2024 is part of Interview Preparation preparation. The Question and answers have been prepared according to the Interview Preparation exam syllabus. Information about M and N’s salaries together amount to Rs. 2,000. M spends 95% of his salary and N spends 85% of his. If now their savings are the same, what is N’s salary?a)Rs.1500b)Rs.750c)Rs.1250d)Rs.500Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Interview Preparation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for M and N’s salaries together amount to Rs. 2,000. M spends 95% of his salary and N spends 85% of his. If now their savings are the same, what is N’s salary?a)Rs.1500b)Rs.750c)Rs.1250d)Rs.500Correct answer is option 'D'. Can you explain this answer?.
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