A person saves ₹500 in his saving account per month and spends 80% of his salary .find his monthly salary
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Answer:
Rs. 2500
Step-by-step explanation:
Let monthly salary be Rs. X
According to que.,
expenditure = 80% of X = 80X/100 = 4X/5
we know that, Savings = income - expenditure
=> savings = X - 4X/5 = (5X - 4X)/5 = X/5
=> Rs. 500 = X/5
=> X = 5 * Rs. 500 = Rs. 2500
Hence, Monthly salary of the mentioned person is Rs. 2500
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