Data Sufficiency

A man spends \(20\%\) of his income on house rent, \(25\%\) of the remaining income on food, and \(30\%\) of his total income on conveyance, and saves the rest. If he invested \(40\%\) of his savings in shares, how many shares did he purchase?

1) He spends \(\$80\) on his food
2) He purchased shares of two different companies only and the price per share of these companies was in the ratio \(5{:}7\)

The OA is E