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In a certain year, a library received a Govt. grant of ₹ 74350

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Asked: 1 year ago2024-03-21T22:00:00+05:30 2024-03-21T22:00:00+05:30In: Ratio & Proportion

In a certain year, a library received a Govt. grant of ₹ 74350 and collected a subscription of ₹ 4350. They also got ₹ 1300 by selling old papers etc. If the entire money is spent on buying new books, for binding of old books and paying salary to the employees in the ratio 15 : 3 : 2 then calculate for how much money new books were bought?

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a) ₹ 60000

b) ₹ 65000

c) ₹ 62000

d) ₹ 70000

correct answer is: a) ₹ 60000

Explanation

The library got total money from the Govt. grant, collection of subscription and selling old papers is :
\rightarrow ₹\;(74350+4350+1300)
\rightarrow ₹\;80000
According to the question,
The ratio of buying new books, for binding of old books and paying salary to the employees is 15\;:\;3\;:\;2.
Let,
Buying new books is 15x.
For binding of old books is 3x.
Paying salary to the employees is 2x.
Sum of the terms is (15x+3x+2x)\;=\;20x.
Now,
20x=\;₹\;80000
\rightarrow x=\large\frac{80000}{20}
\rightarrow x=4000
So that, Expenses to buy new books \left(15\times4000\right)
\rightarrow ₹\;60000.
Ans: New books were bought for ₹\;60000.

There’s another way to pose this same math question:
  1. A library received a Government grant of ₹74350, collected a subscription of ₹4350, and earned ₹1300 by selling old papers. If the entire amount is spent on buying new books, binding old books, and paying employee salaries in the ratio 15:3:2, what amount was spent on buying new books?
  2. If a library received a Government grant of ₹74350, collected ₹4350 through subscriptions, and earned ₹1300 by selling old papers, and the entire amount is utilized for buying new books, binding old books, and paying employee salaries in the ratio 15:3:2, what is the expenditure on purchasing new books?
  3. A library received ₹74350 as a Government grant, collected ₹4350 through subscriptions, and earned ₹1300 from selling old papers. If all this money is allocated for buying new books, binding old books, and paying employee salaries in the ratio 15:3:2, how much was spent on purchasing new books?
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