A man saves 20% of his monthly salary. If an account of dearness of things he is to increase his monthly expenses by 20%, he is only able to save rs. 200 per month. What is his monthly salary?
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Answer:
Step-by-step explanation:
Income = Rs. 100
Expenditure = Rs. 80
Savings = Rs. 20
Present Expenditure 80x(15/100) = Rs. 12 = 80 + 12 = Rs. 92
Present Savings = 100 – 92 = Rs. 8
100 ------ 8
? --------- 400 => 5000
His salary = Rs. 5000
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