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Salary of Ram is 37.5% of the total salary of Ram and Sham. Sham saves 40% of  his salary. Total savings of Ram and Sham is 60% of their total income. Their total expenditure is Rs.20000. What is the total salary of them?
1. 40000
2. 45000
3. 50000
4. 55000
5. 53000

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Correct Answer - Option 3 : 50000

Given:

Total savings of them = 60% of total salary of  both.

Total expenditure = 20000

Formula used:

⇒ X% of Y = (X × Y)/100

Calculation:

Let, their total income is X .

Their expenditure = 20000 = X – (X × 60/100)

⇒ X (1 – 6/10) = 20000

⇒ X = 20000 × (10/4)

⇒ X = 50000

∴ Total salary of Ram and Sham is 50000.

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