A man spends 15% of his salary on rent, 40% on food, 5% on transport, 10% on clothing, 20% on miscellaneous expenses and the rest he saves. If his income is ₹12,000, how much does he spend on each item and how much does he save?
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Answers
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Explanation:
Salary on rent = 15%= 12000*15%= 1800
salary on food = 40% = 12000*40% = 4800
salary on transport = 5% = 12000*5% = 600
salary on clothing = 10% = 12000*10% = 1200
salary on miscellaneous expenses = 20% = 12000*20% = 2400
Total salary spend = 90% = 10800
remaining salary= 10% = 1200
therefore
he saves rs 1200
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