a person spends 25% of his annual income on house rent 15% on education of children and 45% on other items if he saves 14400 annually find his annual income
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according to question,
a person spent 25%on rent
15%on education
45%on other items
so sum of these %are
25% +15%+45%=85%
now , remaining %are 15 % which is equal to 14400
so 1% = 14400÷ 15 = 960
;therefore 100% i.e his monthly income =
960×100 = 96000
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