Radhika gets 2000 as pocket money every month. From her pocket money she puts 1250 per month in her piggy bank. In January 2021 she had 11000 in her piggy bank. Due to her sister’s birthday she withdrew 3000 in the month of June 2021. She is planning to buy a
mobile phone worth 20000 from her savings. Estimate the month when she will have the required amount in her piggy to buy the mobile phone.
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1) every month Radhika gets pockets money =2000/-
2) every month she put in her piggy bank=1250/‐
3) total money in her piggy bank on January 2021, =11000/‐
4)in month of June,she withdrew =3000/
5)cost of mobile phone =20000/-
6)Total money balance in month of June,(Januaryto june)=16000-3000=13000/‐
7)Therfore,Total cost of mobile phone ‐total balance=20000-13000=7000/-(required money)
8)Therefore 1250×6=7500/,I,e,from the month of July to December
9)Therefore Radhika needs 6(six) months to buy the said mobile phone
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