Ajit's income from all sources is Rs. 6,40,000 in year 2018-19. he pays 15 percent of his annual income into his provident fund. also he pays Rs. 2000 per month for insurance. what is his annual saving? (solve step by step)
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Answered by
2
Answer:
Ajit's total income=6,40,000
ajit's spendings=
15/100*640000=96000 as provident fund
and
insurance=2000*12=24000
his total savings=640000-120000
=520000
Step-by-step explanation:
Answered by
0
Answer:
520000
Step-by-step explanation:
Ajit's total income=6,40,000
ajit's spendings=
15/100*640000=96000 as provident fund
and
insurance=2000*12=24000
his total savings=640000-120000
=520000
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