Mr.Prasad saves 0.12 part of his salary every month. If he earns Rs.8835 per
month , how long will it take to save Rs.26,505 ?
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ANSWER:-
GIVEN :
_________
Me. Prasad saves 0.12 part of his salary every month.
His monthly income is ₹8835
TO FIND:
___________
Time taken to save ₹26,505
SOLUTION:
______________
Mr.Prasad saves 0.12 part of salary means he saves 12/100 part of his salary.
His monthly income is₹8835.
so he saves=₹8835×12/100
=₹1060.2
time taken to save ₹26,505 is:
=₹26,505/₹1060.2
=25 months
So he takes 25 months to save ₹26505.
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