Question

Mala annual income rs 534250.she spends rs 480250 and saves the rest.how much money does she save every month if she saves an equal amount of every month.

Answer 1

Answer:

Rs 4500

Step-by-step explanation:

As her annual income is 534250, first we find out her monthly income by dividing it by 12 (1 year = 12 months)

534250/12 =44,520.83

next her annual expenditure is 480250, we next find out her monthly expenditure by dividing it by 12.

480250/12= 40,020.83

Now for finding the amount saved by her every month simply subtract the monthly income by the monthly expenditure.

44,520.83 - 40,020.83 = 4,500.00

Thus, her monthly savings = 4,500.

hope it helps.

Answer 2

Mala's annual income dividing by 12 & Mala' s expenditure dividing by 12