Anita spends 30% of her income on food, 15% on rent and 5% on other items in a month. If she saves Rs 2500 in a month, find her monthly income and expenditures on each item.
Answers
Given :-
The total savings of Anita per month : Rs. 2500
The spends of her income Food in a month : 30%
The spends of her income on rent in a month : 15%
The spends of her income on other items in a month : 5%
To find :-
The monthly income and the expenditures on each item.
Solution :-
The total percentage of Expenditure given is : 50%
Therefore, Savings + expenditure = monthly income of Anita .
Savings : Rs. 2500
Expenditure : 50 % of 2500 = Rs. 1250
Income = 1250 + 2500 = Rs. 3750
Expenditures: -
Food: 30% of 3750 = Rs. 1125
Rent: 15% of 3750 = Rs. 562.5
Other items: 5% of 3750 = Rs. 187.5
Answer:
anita spends 30% on food+15% on rent+5% on others items=50% total expenses
she saves 50%of the income
so 50% of income =2500
1% of income =2500/50
100%of income =2500*100/50
=5000
so her monthly income is 5000 and expenditures is 2500