Question

Nikhil spent 5% of his monthly income on his children education invested 14%in share deposited 3% in bank and used 40%for his daily expenses He was left with balance of Rs19000 What was his income that month

Answer 1

let nikhil's income be rd x
nikhil's expenses :
1. children's education -5%
2. investment in shres: 14%
3. deposited in bank : 3%
4ldaily expenses: 40 %
his total expenses :5 + 14 + 3 + 40+= 62%
total monthly expenses =62x% / 100

balance = income - expenditure
190= x-62%x /100
19000×100 = 100 x - 62x.....multiplying both sides by 100
19000. 100 = 38x
50,000
n ikhils monthly income is 50000

Answer 2

Answer:

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