Question

24.
Peter spends 20% of income on rent, 15% of the income on food and 25% of the income on
travel. He saves the remaining amount. If his income is 712,000, find the amount:
(a) spent on rent.
(b) spent on food.
(c) spent on travel.
(d) saved.
in the price​

Answer 1

Answer:

(a) Rs. 142,400

(b) Rs. 106,800

(c) Rs. 178,000

(d) Rs. 437,200

Step-by-step explanation:

Given:

Income of Peter = Rs. 712,000

Percentage of Income spent on rent = 20%

Percentage of Income spent on food = 15%

Percentage of Income spent on travel = 25%

To Find:

Amount:

(a) Spent on rent.

(b) Spent on food.

(c) Spent on travel.

(d) Saved.

Solution:

(a) Amount spent on rent = 20% of Rs. 712,000

                                          = 20/100 × Rs. 712,000

                                          = Rs. 142,400

(b) Amount spent on food = 15% of Rs. 712,000

                                            = 15/100 × Rs. 712,000

                                            = Rs. 106,800

(c) Amount spent on travel = 25% of Rs. 712,000

                                             = 25/100 × Rs. 712,000

                                             = Rs. 178,000

(d) Amount saved = Rs 712,000 - (Rs. 142,400 + Rs. 106,800 + Rs. 178,000)

                              = Rs 712,000 - Rs 284,800

                              = Rs. 437,200

Hope this helps you alot mate.

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