How much will a man's savings be in 20 years if his yearly income be Rs 6000 and daily expenses be Rs 12 ?
Answers
Answer:
32400 ( Supposing there are no leap Year)
Step-by-step explanation:
Income For 20 years = 6000 *20 = 120000
Expenses for 20 years = 12*365*20 = 87600
Savings = Income - Expenses
= 120000 - 87600
= 32400
Answer:
THE MAN'S TOTAL SAVING WILL BE RS. 32,400 .
Step-by-step explanation:
SINCE HIS YEARLY INCOME IS RS. 6000
THEN HIS INCOME IN 20 YEARS WILL BE 6000 * 20
= 1,20,000
AND HIS DAILY EXPENSE IS RS. 12
SO HIS TOTAL EXPENDITURE WILL BE DIVIDED INTO TWO PARTS
:- i) NORMAL YEAR
II) LEAP YEAR
SINCE THERE ARE 20 / 4 LEAP YEARS ( 4 BECAUSE LEAP YEAR OCCURS IN EVERY 4 YEAR )
5 LEAP YEARS AND 15 NORMAL YEARS
IN NORMAL YEARS , HIS EXPENDITURE WILL BE 12 * 365 * 15
= 65,700 RS.
NOW IN LEAP YEAR , HIS EXPENDITURE WILL BE 21, 960 RS.
HIS TOTAL EXPENDITURE THEN, WILL BE 65,700 + 21,960 RS.
= RS. 87,600
NOW , HIS SAVING = EARNING - EXPENDITURE
= 1,20,000 - 87,600
= 32, 400
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