A person who spends 50% of his monthly income is able to save ₹7,056 per month. His monthly expenses (in ₹) are:

Correct option is A

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