Mrs Saritha works as an accountant in a private organisation. She earns 36,000 per month 10% of her salary is deducted by her Employer towards Provident Fund every month of the remaining money. she spends 20% towards house rent, 46 % on food . 14% on the education of her two children and 10% towards other expenses. Rest she saves. Pind: (1) How much is credited each month to her Provident Fund Account Una (ii) How much is spent on food. (iii) How much is paid towards house rent. (iv) How much money goes to her savings account Savings Accour every month .
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Answer:(i) Rs 3,600
(ii) Rs 14,904
(iii) Rs 6,480
(iv) Rs 2,630
Step-by-step explanation:
Solution
Salary=36,000
Deduction=10% of 36,000=3,600
Deduction=36,000-3,600=32,400
Salary after Deduction=Rs 32,400
(i) Rs 3,600
Expenditures on food=46% of salary(32,400)
Expenditures on food=Rs 14,904
(ii) Rs 14,904
House rent=20% of salary(32,400)
House rent=Rs 6,480
(iii) Rs 6,480
Savings=32,400-6,480+14,904+4,536+3,240
Savings=Rs 3,240
(iv) Rs 3,240
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