HomeTestsSearchRankProfile
hardMCQPractice Test2026Quantitative Aptitude
1 mark

Out of the total income, a family saves 15% and the rest of the amount is spent on three types of expenditure – health, education and food in the ratio of 1:2:2. The income is Rs. 300 less than thrice the expenditure incurred on education. What is the difference between the savings and the expenditure incurred on health?

  1. A
    Rs. 300
  2. B
    Rs. 350
  3. C
    Rs. 2,250
  4. D
    Rs. 500

Solution & Step-by-step Explanation

Let the total income of the family be I.
Savings = 15% of I=0.15I
Therefore, the remaining amount for expenditure = 100%−15%=85% of I=0.85I

This expenditure is divided among health, education, and food in the ratio of 1:2:2.
Total ratio parts = 1+2+2=5 parts

Expenditure on Health =
5
1

×0.85I=0.17I

Expenditure on Education =
5
2

×0.85I=0.34I

Expenditure on Food =
5
2

×0.85I=0.34I

According to the given condition, the total income is Rs. 300 less than thrice the expenditure on education:

I=3×(Expenditure on Education)−300
I=3×(0.34I)−300
I=1.02I−300
1.02I−I=300
0.02I=300
I=
0.02
300

=
2
30000

=Rs. 15,000
Now, calculate the values needed for the final difference:

Savings = 0.15×15000=Rs. 2,250

Expenditure on Health = 0.17×15000=Rs. 2,550

The difference between savings and expenditure on health is:

Difference=∣Savings−Expenditure on Health∣=∣2250−2550∣=Rs. 300

Practice this question

Try it yourself before checking the explanation above.

Out of the total income, a family saves 15% and the rest of the amount is spent on three types of expenditure – health, education and food in the ratio of 1:2:2. The income is Rs. 300 less than thrice the expenditure incurred on education. What is the difference between the savings and the expenditure incurred on health?
A
Rs. 300
B
Rs. 350
C
Rs. 2,250
D
Rs. 500

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across Quantitative Aptitude.

Discussion