Question

a man earns 12000 rs per month .he spends 7/12 on household items and 3/4 on education of children.how much does he save?

Answer 1

money earned=12000
spent on household item=7/12 *(12000)=7000Rs
spent on education=3/4*(12000)= 9000Rs
total expenditure=16000
hence he doesnt save any money instead he has to take a loan of Rs 4000 to run his family.