Question

A person invests Rs 89856 in mutual funds, which is 26% of his annual income. What is his monthly income? ​

Answer 1

Answer:

his monthly income is 345600

Step-by-step explanation:

26 89856

100 x

26x =89856×100

x=8985600/26

x=345600

Answer 2

His monthly income is Rs 28,800 .

Explanation:

Given : A person invests Rs 89856 in mutual funds, which is 26% of his annual income.

Let x denotes his annual income.

Then According to the question , we have

26% of annual income= Rs 89856

i.e. $\dfrac{26}{100}\times x=89856$ [We divide a percent by 100 to convert it into fraction.]

i.e. $x=\dfrac{89856 \times100}{26}=345600$

i.e. Annual income = Rs 345600

Since 1 year = 12 months

Therefore , His monthly income = Annual income  ÷ 12

= Rs 345600÷ 12 = Rs 28800

Hence, his monthly income is Rs 28,800 .

#Learn more : If x % of 500= 10, find the vlue of x

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