Question

Rahul spends 50% of his monthly income on household items, 20% of his monthly income on buying clothes, 5% of his monthly income on medicines and the remaining amount of 11250 he saves. What is Rahul's monthly income ?

(a) Rs 38200

(b) Rs 34000

(c) Rs 41600

(d) Rs 45000

(e) none of these​

Answer 1

Answer:

d

Step-by-step explanation:

%of income for savings = 100- (50+20+5) = 25%

= 11250

25% of Income = 11250

income = 11250/.25

=45000/-

Answer 2

Rahul’s monthly income is Rupees 45000 and option (d) is correct.

Step-by-step explanation:

Given:

Rahul spends %50 of his monthly income on household items

Rahul spends  %20  monthly income on clothes buying.

Rahul spends %5 of his monthly income on medicines

The remaining amount  he saves Rs. 11250.

To find:

Rahul’s monthly income .

Solution:

Let Rahul’s monthly income is P.

As given - Rahul spends %50 of his monthly income on household items.

               Expenditure on household items =  %50 of P

As given - Rahul spends %20  monthly income on clothes buying.

       Expenditure on buying clothes   =  %20  of P

As given -  Rahul spends %5 of his monthly income on medicines.

    Expenditure on  medicines  = %5 of P

Total Rahul expenditure $= \% (50+20+5) of P$

                                        $=\% 75 of P$

Rahul savings  $= \% ( 100-75) of P$       ------------- equation 01

As given - the remaining amount  he saves is  Rs. 11250 .

Rahul savings =  11250

Putting value in  equation 01.

$\% ( 100-75) of P =11250$

$\% 25 of P =11250$

$P\times \frac{25}{100} = 11250$

$\frac{P}{4} =11250$

$P= Rupees 45000$

Thus, Rahul’s monthly income is  Rs. 45000 and option (d) is correct.