Data Interpretation Discussion

**Common Information**

Answer the questions on the basis of the information given below.

Pie chart l and Pie chart ll show the break up — according to different expenditure heads and savings of the incomes of Mr. and Mrs. Anand respectively. Pie chart III shows the break up — according to the type of savings — of the total savings of the couple (i.e., the savings of Mr. and Mrs. Anand put together).

Q. |
If for an income of up to Rs. 1 lakh, no tax is charged and for any income above Rs. 1 lakh, the rate of tax for males and females is 30% and 20010 respectively of the income in excess of Rs.1 lakh, then what is the ratio of the income of Mr. Anand to that of Mrs. Anand? |

✖ A. |
3 : 4 |

✔ B. |
5 : 4 |

✖ C. |
4 : 5 |

✖ D. |
None of these |

**Solution:**

Option(**B**) is correct

Taxes constitute 18% of Mr. Anand's income and rate of tax is 30% beyond 1 lakh.

⇒ 18% of Income = 30% of (Income - one lakh)

⇒ 30000 = 12% of Income

⇒ Income= Rs.2.5 lakh

Similarly, for Mrs. Anand

10% of income = 20% of (Income - one lakh)

⇒ 10% of income = 20000

⇒ Income = Rs.2 lakh

Ratio of earnings = **5 : 4**