Question

Ramesh earns RS. 40,000 in a month. He spends 3/8 of the income on food , 1/5 remaining on the LIC premium and then half of the remaining on other expenses. Find how much money is Left with him

Answer 1

40000-3/8×40000=25000
25000-1/5×25000=20000
20000-1/2×20000=10000
therefore 10000 rupees is left with him

Answer 2

Ramesh total income=40,000
money spend on food=40,000×3/8=15000
money left=40000-15000=25000
money spend on LIC=25000×1/5=5000
money left=25000-5000=20000
remaining expense=20000×1/2=10000
money left with him=10000