Question

Rohan spends 24% of an amount of money on an insurance policy, 34% on food, 19% on children’s education and 17% on recreation. He deposits the remaining amount of Rs. 540 in bank. How much total amount does he spend on food and insurance policy together?

A) Rs. 6350 B) Rs. 5220 C) Rs. 5890 D) Rs. 6458

Answer 1

Answer:

option is (b)

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Answer 2

Answer:

Rs.5220 is the answer for the given problem

Step-by-step explanation:

Let his total income be Rs.R

His saving is Rs.540

Spends on Insurance policy = 24%of R

Spends on Food = 34%of R

Spends on Children's education =19%of R

Spends on recreation =17% of R

His total percentage of expenditure

= 24%+34%+19%+17%=94%of R ,then we have

His saving percentage = 6%of R=540 (given)

=>(6/100)×R =540

=>R =(540×100)/6

=>R=90×100

Therefore R=9000

Rohan's total income =Rs.9000

Now ,

Spends on insurance policy = 24%of R

=>(24/100)×9000

=>24×90

=>Rs.2160

and ,

Spends on food = 34%of R

=>(34/100)×9000

=>34×90

=>Rs.3060

we have,

Amount spent on food = Rs.3060

Amount spent on Insurance policy =Rs.2160

Total amount spent on food and insurance policy together = Rs.3060+Rs.2160=Rs.5220