Question

Nikhil invests 26% of his annual income or rs. 89856 in mutual fund . What is the monthly income ?

Answer 1

Answer: ₹28,800

Explanation: Let, his Annual Income be x.

Then, 26%of x = ₹89,856

                     x = ₹89,856*100/26

                     x = ₹3,45,600

So, Monthly Income of Nikhil is ₹3,45,600/12 = ₹28,800