a person spends 24% of his income on food and 30% of the remaining on clothes and the shapes the remaining amount precepts 5320 Rupees then how much amount he spends on clothes
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Answer:
Given that the person spends 24% of his income on food, and 30% of the remaining on clothes and saves the remaining amount.
He saves Rs. 5320 every month.
We need to determine the amount of money spent on clothes.
Monthly income:
Percentage of expenditure = 24% + 30% = 54%
Percentage of savings = (100 - 54)% = 46%
46% = Rs. 5320
1% = Rs. 115.65
The amount of monthly income is given by
Therefore, the monthly income is Rs. 11565
Amount of money spent on clothes:
The amount of money spent on clothes is given by
Therefore, the amount of money spent on clothes is Rs. 3469.5 :)
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