Question

A student spend 65% of his
monthly stipend on bersonal expenses.
and
25%. on books etc. He saves the
remaining amount. If his saving in one
year amounts to Rs 4500)- what is
the value
of his monthly stepend?​

Answer 1

Answer:

3750

let his monthly stipend be x

percentage of monthly expense=90%

% of money remaining= 10%

total amount saved in an year=4500

=>10% of x × 12 =4500

=>10% of x=375

therefore x= 3750 Answer

Answer 2

The monthly stipend is Rs. 3750

Step-by-step explanation:

Let the total monthly salary = x

He spends monthly stipend on personal expenses = 65%

He spends monthly stipend on Books = 25%

Therefore

Total expenses = 65%+ 25% = 90%

He saves monthly = 10 %

Now according to question his savings in one year is Rs. 4500

Therefore

$12 \times 10\% \text { of x} = 4500\\\\\Rightarrow 12 \times \dfrac{10}{100} x=4500\\\\\Rightarrow x= \dfrac{45000}{12} =3750$

Hence, his monthly stipend is Rs. 3750

#Learn more

Savings of a family is 30% of the monthly income if the total expenditure of the family for the month was 9800 the monthly income of the family is​

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