A man took loan from a bank at the rate of 12% p.A. Simple interest. After 3 years he had to pay rs. 5400 interest only for the period. The principal amount borrowed by him was
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John spent 1/3 of his monthly salary on rent, 1/4 on food, 1/6 on travelling and 1/8 on clothes. If he has $1 250 left, what is his salary?
1/3=8/24
1/4=6/24
1/6=4/24
1/8=3/24
Total expenditure:
8+6+4+3 /24=21/24
Savings:
$1250=24–21/24
=3/24
=1/8th of his salary
1250 x 8=$10,000 as his monthly salary………
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Answer:
10000??
Explanation:
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