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. 19,000. What was his income that month ?.


pls. answer no spammers I'm giving more points for this 1​

Answer 1

Answer:

Total Expenditure %=5+14+3+40=62%

⇒ The percentage of balance left =100−62=38%

⇒ As per question, 38% of salary is equal to 19000

∴ Total Salary = 100×38

x=19000

⇒38x=1900000

x= 38/1900000

∴x=50,000

So the income of that man was Rs.50,000 that month.