a man had monthly income of RS 36000. he spent 25% on food .15% on education.7% on house rent ,4% on conveyance,4.5% on health and 5.5% on miscellaneous items and the rest amount he saved.find the actual amount of money he saved and spent on various items given above
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Let’s say his monthly income is x.
His expenses are:
Rent= 25% of x = .25x
Food= 30% of x = .30x
Other= 20% of x = .20x
Hence his total expense = .25x + .30x. + .20x = .75x.
His saving = Income - expense = x - .75x = .25x
So, .25x =15000
x = 15000 /.25 = 15000×100 / 25 = 60000
Hence Bobby,s monthly income is Rs 60000
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