A person saves 40% of his income. If his expenditure is ₹480, then his income (in ₹) is:

Correct option is A

Given:

The person saves 40% of his income.

His expenditure is ₹480.

Solution: ​

If he saves 40% of income , then 

expands 60% of income 

We are given that the expenditure is ₹480, so:

Income = $$\frac{480}{60}\times 100 = ₹800$$​​