out of his total income, Mr Narayana spends 20% on house rent and 60% on household expenditure. if he saves rs2000 , what is his total monthly income?
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Answer:
Let the monthly income of Mr. Motilal be Rs.x
Then the money he expends on house rent=20% of x
=Rs.(51x)
Now the money left with him=x−51x=Rs.(54x)
Then the money he expends on household expenses=60% of 54x
=Rs.(2512x)
Then according to question x−51x−2512x=2520
Thereforex=Rs.7875
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