Salary of Mr. Sharma is 25,000 monthly. He spends 20% on house rent, 10% on the education
of their kids and 50% for other expenses and rest amount he deposit in bank. Find his expense for
various purpose
Answers
Answer: House rent expense = 5000 Rs
Education expense = 2500 Rs
Other expense = 12500 Rs
Total = 20000 Rs
Step-by-step explanation:
Total salary = 25000
Expenditure for house rent = 20% of 25000
= (20/100) * 25000
= 250 * 20
= 5000 Rs
Expenditure for education = 10% of 25000
= (10/100) * 25000
= 10 * 250
= 2500 Rs
Expenditure for others = 50% of 25000
= (50/100) * 25000
= 250 * 50
= 12500 Rs
Thus, his house rent expense is 5000 Rs, education expense is 2500 Rs and other expense is 12500 Rs which add up to 20000 Rs.
Given:
- Monthly salary of Mr. Sharma = Rs. 25000
- He spends 20% on house rent.
- He spends 10% on education of his kids.
- He spends 50% for other expenses.
- The rest amount left with him he deposits in bank.
So,
To be found:
His expenses for vaious porpose.
Now,
- He spends 20% on house rent.
= Rs. 5000
∴ He spends Rs. 5000 for house rent.
- He spends 10% on education of his kids.
= Rs. 2500
∴ He spends Rs. 2500 on education of his kids.
- He spends 50% for other expenses.
= Rs. 12500
∴ He spends Rs. 12500 for other expenses.
So,
Total expenses
= Rs. 5000 + Rs. 2500 + Rs. 12500
= Rs. 20000
The money which is left with him
= 25000 - 20000
= Rs. 5000
So,
He deposited Rs. 5000 in the bank.
Hence,
He spends 20% on house rents = Rs. 5000.
He spends 10% on education of his kids = Rs. 2500.
He spends 50% other expenses = Rs. 12500.