Question

Ramesh earns Rs 40000 per month. he spends 3/8 of the income on food, 1/5 of the remaining on LIC Premium and then 1/2 of the remainig on other expenses. Find how much money is let with him?

Answer 1

40000-15000=25000
5000 on lic
15000 on food
20000 is left

Answer 2

Answer:

Hence he is left with Rs 10,000

Step-by-step explanation:

Given

Ramesh Earns = Rs 40000 / month

He Spend income on Food = 3/8 of total income

LIC  premium Spend = 1/5 of the remaining

and 1/2 on the other expenses

Money left = ?

Expenditure on Food = (3/8) * 40000

3*5000 = Rs 15000

Remaining = 40000-15,000

Rs 25,000

Expenditure on LIC premium = 1/5 of 25000

Rs 5000

Remaining = 25000-5000

Rs 20000

Other Expenses = (1/2)*20000

10,000

Remaining = Rs (20,000-10,000)

Rs 10,000

Hence he is left with Rs 10,000