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A person saves 40% of his income. If his expenditure is ₹360, then his income (in ₹) is:
Question

A person saves 40% of his income. If his expenditure is ₹360, then his income (in ₹) is:

A.

600

B.

144

C.

216

D.

640

Correct option is A

Given:

The person saves 40% of his income.

His expenditure is ₹360.

Solution: 

If he saves 40% of income , then expends 60% of income

We are given that the expenditure is ₹360, so:

Income = 36060×100=600\frac{360}{60}\times 100 = ₹600

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