Question

A man saves 10% of his monthly income. After 6 month he finds that he has rs 5400 as his savings. Find his monthly income.

Answer 1

Answer:

The monthly income of a man is Rs 4909.09  .

Step-by-step explanation:

Given as :

Let The monthly income of a man = Rs x

The percentage of monthly saving = 10%

i.e Saving money per month = Rs x + 10% of rs x

Or, Saving money per month = Rs x + 0.1 x

i.e Saving money per month = Rs 1.1 x

The time period of saving = 6 months

The Amount saves after 6 months = Rs 5400

According to question

The Amount saves after 6 months = Saving money per month

i.e Rs 5400 = 1.1 x

Or, x = $\dfrac{5400}{1.1}$

∴  x = Rs 4909.09

So, The monthly income of a man = x = Rs 4909.09

Hence, The monthly income of a man is Rs 4909.09  . Answer