Question:

A man earns Rs. 20 on the first day and spends Rs. 15 on the next day. He again earns Rs. 20 on the third day and spends Rs. 15 on the fourth day. If he continues to save in this way, how soon will he have Rs. 60 in hand?

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When calculating savings over time, divide the total desired savings by the savings made per cycle to determine the number of cycles needed.
Updated On: Aug 18, 2025
  • On 27th day
  • On 24th day
  • On 12th day
  • On 17th day
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The Correct Option is B

Solution and Explanation

Every two days, the man earns Rs. 40 (Rs. 20 on each day) and spends Rs. 30 (Rs. 15 on each day). Thus, every 2 days he saves Rs. 10. To save Rs. 60, he needs 6 cycles of 2 days: \[ 6 \times 2 = 12 \text{ days to save Rs. 60.} \] - Option (A) 27th day: This is incorrect as he reaches Rs. 60 in 24 days, not 27.
- Option (C) 12th day: This is incorrect, as he would not have reached Rs. 60 by the 12th day.
- Option (D) 17th day: This is also incorrect.
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