Question

Every month, Mr. Duggabati spends
24% of his monthly income in paying
rent and 30% on shopping of groceries.
Out of the remaining, he invests in fixed
deposit and the lottery in the respective
ratio of 9 : 7 respectively. If in a year he
deposited a total of 124200 in fixed
deposit, how much did he pay as rent in year​

Answer 1

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Answer 2

assume total sum of lottery and fix deposit = x

fix deposit = 9 × x/16= 124200

x= 124200× 16/ 9

x= 13800× 16

x= 220800

54℅ he spends in rent and groceries

it means he spends 46 ℅ For lottery and fix deposit.

if 46 = 220800

100 = ?

100× 220800/46 = 480000

he spends 30 ℅ on rent

480000× 30℅= 144000

Answer is 144000 ₹