Question

02. A man earns 16,500 per month. He spends 80%
his income. What does he save every month ?​

Answer 1

Answer:

1280

Step-by-step explanation:

The man earns 16,500

He spends 80% of it

so,

$1600 \times \frac{80}{100}$

$16 \times 80 = 1280$

So he saves 1280

Answer 2

Answer:

Every month savings = Rs 3,300

Step-by-step explanation:

We have:

• A man earns Rs 16,500 per month.
• He spends 80% his income.

To find:

• What does he save every month?

Note: Total income = 100%.

Formula used:

→ Savings = Income - expenditures

We have,

• Income = 100%
• Expenditures/Spends = 80%

Then,

Savings = 100% - 80%

Savings = 20%

Finding the every months savings:

= 20% of Rs 16,500

= 20/100 × Rs 16,500

= 0.2 × Rs 16,500

= Rs 3,300