a man earns rupees 10,000 monthly and spends 8000 every month calculate the amount saved by him in 5 years
Answers
Answered by
1
Answer:
Rs. 1,20,000
Step-by-step explanation:
money saved in a month= Rs.10,000 - Rs. 8,000 = Rs. 2,000
money saved in a year= 12 x 2,000
= Rs. 24,000
money saved in 5 years= 5 x 24000
= Rs. 1,20,000
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Answered by
2
Answer: 120,000
Explanation:
Monthly income of the man = 10,000
Monthly expense = 8000
The money that the man saves in a month = 10,000 - 8000 = 2000
A year has 12 months.So, 5 years = 12 × 5 = 60 months.
So, the amount saved by him in 5 years =
60 × 2000 = 120,000
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