madhavrao contrributes ₹3000 per month to health insursce and invests ₹25000 in P.F .how much per cent of his yearly income of ₹580000 consstitute this amount
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Step-by-step explanation:
Contribution per month = 3000
Contribution per year = 3000x12= 24000
P.F. per month = 25000
P.F. per year = 25000x12 = 500000
Total money= 24000 + 500000 = 502400
% = 502400/580000x 100 = 86.26%
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