Given:
Monthly income = Rs. 80000
Education = 15%
Household = 40%
GPF = 10%
Savings = 15%
Formula Used:
EMI = Monthly Income - (Education + Household + GPF + Savings)
Solution:
EMI = Rs. 80000 - (15% of 80000 + 40% of 80000 + 10% of 80000 + 15% of 80000)
= Rs. 80000 - Rs. 64000
= Rs. 16000.
English
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