A person who spends 80% of his monthly income is able to save ₹6,738 per month. His monthly expenses (in ₹) are:
Given:
Person saves ₹6,738 per month
Spending = 80% of income, therefore saving = 20% of income
Solution:
Let monthly income be x
Then, 20% of x = 6,738
=> x = 6,738 / 0.2 = ₹33,690
Monthly Expenses = 80% of ₹33,690 = ₹26,952
Monthly expenses = ₹26952.0
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