Ramesh earn ₹40000 per month. He
spends 2/5 of his income on food 5/12
of the remaining on the education of
the children and 3/7 of the remainder
on house rent How much money
be save per month
can
Answers
Answered by
3
Per month earning of Ramesh
=Rs 40,000
(1) Income spent on food is 3/8
=3/8 x 40,000
= Rs 15,000
Remaining Rs =40,000 - 15,000
= Rs 25,000
(2) Expenditure on LIC Premium is 1/5 of the Remaining
=1/5 X 25,000
= Rs 5,000
Remaining Rs =25,000 - 5,000
°Rs 20,000
(3) 1/2 of Remaining Expenses
= 1/2 x 20,000
=Rs 10,000
(4) The money left with Ramesh
=Rs 20,000 - 10,000
=Rs 10,000
Hope it helps.
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