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    A cook earns ₹8,400 per month. If she spends 60% of it each month, how much will she save (in ₹) by one-fourth of a year?​
    Question

    A cook earns ₹8,400 per month. If she spends 60% of it each month, how much will she save (in ₹) by one-fourth of a year?​

    A.

    10,080

    B.

    7,200

    C.

    12000

    D.

    5,040

    Correct option is A

    Given:

    Monthly earning = ₹8,400

    Spending = 60% of earning

    Saving = 40% of earning

    Time = one-fourth of a year = 3 months

    Formula Used:

    Saving per month = Earning × Saving%

    Total saving = (Saving per month) × (Number of months)

    Solution:
    Saving per month = ₹8,400 × 40% = ₹8,400 × 0.40 = ₹3,360
    Total saving in 3 months = ₹3,360 × 3 = ₹10,080

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