Atul’s salary is ₹10,000 per month. He spends ₹6,000 on house rent and ₹2,500 on bills, and the rest of the amount is his monthly savings. Find his savings (in ₹) in a year, if in the month of his birthday, he spent all his monthly savings on birthday celebrations.​

Correct option is B

Given:

Monthly salary = ₹10,000

Monthly expenses: House rent = ₹6,000; Bills = ₹2,500

Usual monthly savings = Salary − Expenses

In the birthday month, he spends all savings

savings that month = ₹0

Solution:
Monthly savings = Salary - (House Rent + Bills)

Monthly savings =$$10{,}000 - (6{,}000 + 2{,}500) = 10{,}000 - 8{,}500 = ₹1{,}500).$$​​
Annual savings = 11$$\times 1{,}500 = ₹16,500$$​​