-
phoenix9801
- Master | Next Rank: 500 Posts
- Posts: 190
- Joined: Thu Jan 14, 2010 8:29 pm
- Thanked: 2 times
Say, number of unemployed persons is 10 and average amount saved by an unemployed person is x.phoenix9801 wrote:There are 350% more employed than unemployed. If average amount saved by an employed person is double that of an unemployed person then what fraction of the total amount saved from both the employed and unemployed is attributed to the employed?
Hence, number of employed persons = (10 + 350% of 10) = (10 + 35) = 45 and average amount saved by an employed person is 2x.
Total amount saved by both = (10x + 45*2x) = 100x
Required fraction = 90x/100x = 9/10
The correct answer is C.
