Correct option is D
Given:
Monthly income = ₹42,000
Rent expenditure = 15%
Food expenditure = 8%
Other expenditures = 45%
Formula Used:
Savings = Income − (Rent + Food + Other expenditures)
Solution:
Rent expenditure = 15% of ₹42,000 = = ₹6,300
Food expenditure = 8% of ₹42,000 = = ₹3,360
Other expenditures = 45% of ₹42,000 = = ₹18,900
Total expenditure = ₹6,300 + ₹3,360 + ₹18,900 = ₹28,560
Savings = ₹42,000 - ₹28,560 = ₹13,440