Question

A person spends 16.66% of his income on house rent 16.25% of remaining income on children education. Now he spends 4700Rs. on entertainment. Out of the remaining income, he spends 15% on food. Now he gives 1480Rs. to his wife for her beauty parlor and he deposits remaining 23000Rs. in ICICI Bank. Find his monthly income?

a).48000
b).42000
c).45000
d).54000​

Answer 1

Given:

Percentage of income spent on house rent = 16.66%

Percentage of income spent on children education = 16.25%

Amount spent on entertainment = 4700 Rs

Percentage of income spent on food  = 15%

Amount spent for beauty parloue = 1480 Rs

Amount deposited = 23000 Rs

To find :

The monthly income of the person

Calculation:

Let the total monthly income of the person is x. From the given data

Total income = (16.66/100)x + (16.25/100)x + 4700 +(15/100)x + 1480 + 23000

=> x = (47.91/100)x + 29810

    x - (47.91/100)x = 29810

    (52.09/100)x = 29810

    x ≈ 57,228 Rs

The monthly income of the person is 57,228 Rs

Answer 2

Answer:

Step-by-step explanation:refer the picture