out of his total monthly income Mr moti lal spends 20percent on house rent and 60percent on household expenses if he saves ₹2520 per month what is the monthly income? also find the house rent and household expenses
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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.(
5
1x
)
Now the money left with him=x−
5
1x
=Rs.(
5
4x
)
Then the money he expends on household expenses=60% of
5
4x
=Rs.(
25
12x
)
Then according to question x−
5
1x
−
25
12x
=2520
Thereforex=Rs.7875
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