a man saves 20% of his salary every month. if he saves 8000 every month, find his monthly income
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Let the salary be Rs 100
Savings = Rs 20 ; Expenditure = Rs 80
New expenditure = 120% of Rs 80 = Rs 96.
New savings =Rs100−Rs96=Rs4
⟹4%x=Rs800⟹x=Rs20,000
Answered by
3
His monthly income is 1600
Step-by-step explanation:
Hope this helps you
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