Correct option is B
Given:
20% of the monthly income is spent on house rent.
50% of the remaining income is spent on household expenditure.
20% of the remaining income is spent on children's education.
The monthly saving is Rs. 6,600.
Concept Used:
The total monthly income is divided into different portions based on the percentages given for rent, household expenditure, children's education, and savings.
Solution:
Let the income =100 unit
20% spends on house rent = 20% of 100 = 20 unit
Remaining amount = 100-20 = 80 unit
50% of remaining on household expenditure = 50% of 80 = 40 unit
20% of remaining on children's education = 20% of 80 = 16 unit
Total Savings = Total Income - Total Expenses
Total Savings = 100- (20+ 40 +16) = 24 unit
24 unit = Rs. 6600
100 unit = Rs. 27500
20% spends on house rent = 20% of 100 = 20 unit
Remaining amount = 100-20 = 80 unit
50% of remaining on household expenditure = 50% of 80 = 40 unit
20% of remaining on children's education = 20% of 80 = 16 unit
Total Savings = Total Income - Total Expenses
Total Savings = 100- (20+ 40 +16) = 24 unit
24 unit = Rs. 6600
100 unit = Rs. 27500
English
80 Questions
160 Marks
60 Mins
