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A person who spends 55% of his monthly income is able to save ₹6,408 per month. His monthly expenses (in ₹) are:
Question

A person who spends 55% of his monthly income is able to save ₹6,408 per month. His monthly expenses (in ₹) are:

A.

7,832

B.

7,834

C.

7,873

D.

7,843

Correct option is A

Given: 

Expenditure = 55% of monthly salary 

Saving = ₹6,408 per month

Formula Used: 

Income = Expenditure + Saving 

Solution: 

Expenditure is 55% of income,

then, Saving = 45% of income 

Now, 

45% of income =  ₹6,408 

Income = 640845×100=14240\frac{6408}{45}\times 100 = ₹14240 

Monthly expense = 14240×55100=783214240 \times \frac{55}{100} = ₹7832​​

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