Question

(4 x 5 = 20)
Q24.
(a) Mr. Singh earns 44,500 per month. He spends 65 % on household expenses, 22% on
his children's education and saves the rest. How much money did Mr. Singh save?​

Answer 1

Answer:

he saves 5775 rupees

Step-by-step explanation:

Mr Singh earns 44500 rupees per month.

he spends 65% on household and 22% on his children's education therefore he spends 65 + 22 = 87%.

if he saves the rest of the money then the amount of money he saves equals 80 /100 ×44500

=38725 which is 87% of his monthly expenditure from his salary 44500 rupees.

hence, the money he saves = 44500 - 38725 = 5775.

there for Mr Singh saves rupees 5775 every month.