Question

Every month a man spends 72% of his income and saves saves Rs. 12600. Find: 1) his monthly income 2) his monthly expenses

Answer 1

Every month a man spends 72% of his income and saves saves Rs. 12600

so Savings= 12600

Total expenditure made out of Salary= 72%

So 100% - 72% = savings=28%

this 28% constitutes to 12600..

then total salary willI be (12600/28)×100

=45000..

So his Total salary = 45000

savings= 12600

Expenditure= Total Salary - Savings

=45000-12600

=32400.