Question

Prepare the spending plan with total income of rs.20,000/- only

Answer 1

Answer:

Firstly i will buy an Encyclopedia and I will buy Mi Band 4 watch and I will save my money for other things or will buy some Football shoes. If the money left i will buy a book for Computer Science.

Answer 2

Answer:

First, they should be deducted some portion of every month's income for savings. 20000 is the total money they can save 20% of the income every month. Remaining 80% of money spent on their daily expenses. So they can avoid some unnecessary expenses they can save some more money.