A man spends one-third of his monthly income on food, one-fourth on children’s
education and one-sixth on household expenses. He keeps the remaining Rs 7000 for
savings. What is his monthly income?
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Answer: heya there this is a big answer
Let the monthly income be Rs x.
Money spent on food is one-third of his monthly income, is equal to (1/3)x ...(1)
Money spent on children's education is one-fourth of his monthly income, is equal to (1/4)x ...(2)
Money spent on clothing is one-sixth of his monthly income, is equal to (1/6)x
...(3)
So, total of these expenses = (1) + (2) + (3) = (1/3)x + (1/4)x + (1/6)x = (18/24)x
= (3/4)x
Remaining money left from his income = x - (3/4)x = Rs (1/4)x
It is given that this remaining amount is equal to Rs 7000
So, (1/4)x = 7000
Hence, x = Rs 28000
Thus monthly income is = x = Rs 28000
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