Question

Nikhil spent 5% of his monthly income on his children's education invested 14% in shares , deposited 3% in a bank and used 40% for his daily expenses. He was left with a balance of Rs 19000. What was his income that month.

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Answer 1

Total Expenditure % = 5+14+3+40 = 62%
therefore total salary
= 38/100 × x = 19000
= 38x= 1900000
= x = 1900000/38
therefore x = 50,000
so the income of that man was ₹ 50,000 that month

Answer 2

Answer:

Step-by-step explanation: