A person who spends 50% of his monthly income is able to save ₹7,056 per month. His monthly expenses (in ₹) are:
Given:
Savings = ₹7,056
This is 50% of income (since 50% is spent, the other 50% is saved)
Formula Used:
Income = Expenditure + Saving
Solution:
If Saving is 50% than Expenditure is also 50%
So, 50% of saving = ₹7,056
than, Expenditure = ₹7,056
English
100 Questions
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