Question

Madan spends 50% of his income on household expenditure and 60% of the remaining on personal expenditure of the remaining lipase 50% towards income tax and saves the remaining rupees 1200 what is personal expenditure of Madan

Answer 1

let the salary be 'x'

he spends 50% on household expenditure = 50%(x) = 0.5x

he spends 60% of remaining on personal expenditure = 60%( x - 0.5x) = 60% (0.5x) = 0.3x

he spends 50% remaining on income tax = 50%(x - 0.5x - 0.3x) = 50%(0.2x) = 0.1x

percentage remaining = x - 0.5x - 0.3x - 0.1x = 0.1x

amount remaining  = 1200

0.1x = 1200

x = 1200/0.1 = 12000 = total income

personal expenditure of madan = 0.3x = 0.3*12000 = 3600

Answer 2

Step-by-step explanation:

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