Naresh earns Rs.30,800 per month he keeps 50% for household expenses 15% for his personal expenses 20% for expenditure on his children and the rest he says what about does he save per month and what percentage
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Answer:
Total money he saves= Rs.4620 and percentage = 15%
Step-by-step explanation:
Total money Naresh earns =Rs.30800
percentage of household expenses = 50%
so,amount for household expenses = 50/100×30800=Rs.15400
percentage of personal expenses = 15%
so, amount for personal expenses = 15/100×30800=Rs.4620
percentage of expenditure on children = 20%
so,amount kept for expendiyure on children = 20/100×30800=Rs.6160
total amount he keeps for spending=15400+4620+6160=Rs.26180
therefore amount he saves= total money -amount kept for spending
= Rs.30800-Rs.26180=Rs.4620
percentage of money he saves = 15%
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