Mr.srinivasan spend 4/7of his income on household expenses,1/7 of his income on conveyance and rs.2000 per month on insurance.If his monthly income is rs.42,000,find his annual savings...
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total money he had =42000
money spent on house hold expenses =4/7of total money =4/7×42000=24000
money spent on conveyance =1/7 of the total money=1/7×42000=6000
money spent for insurance=2000
sum =24000+6000+2000=32000
money left = total money -sum =42000-32000=10000
therefore money saved every year is 10000
pls mark it as the brainliest answer.....
money spent on house hold expenses =4/7of total money =4/7×42000=24000
money spent on conveyance =1/7 of the total money=1/7×42000=6000
money spent for insurance=2000
sum =24000+6000+2000=32000
money left = total money -sum =42000-32000=10000
therefore money saved every year is 10000
pls mark it as the brainliest answer.....
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