Amar got a job of Rs 5 lakh per annum fron the campus of a reputed management institute. he pays 30% of his salary as taxes. and 30% of the remainder as rent of his apartment. what percentage of his income is at his disposal? a) 50% b) 49% c) 51% d) 40%
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Step-by-step explanation:
salary = Rs. 500000
tax = (30/100) × 500000 = Rs. 150000
remaining amount = 500000 - 150000 = Rs. 350000
rent = (30/100) × 350000 = Rs. 105000
balance amount = 350000 - 105000 = Rs. 245000
out of Rs. 500000 income, he has Rs. 245000 at his disposal
percentage = (245000 × 100)/500000
= 49%
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