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Manjit spends 40% of his income. If he saves ₹18,000, then his income (in ₹) is:
Question

Manjit spends 40% of his income. If he saves ₹18,000, then his income (in ₹) is:

A.

31,000

B.

30,000

C.

29,000

D.

7,200

Correct option is B

Given:

Manjit spends 40% of his income.

He saves ₹18,000.

Therefore, saving percentage = 100% - 40% = 60%.

Solution:
Income=1800060×100=18000×53=30,000\text{Income} = \frac{18000}{60}\times 100 = 18000 \times \frac{5}{3} = ₹30{,}000​​

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