Sapna earns Rs.12000 per month. She spends 7/8 of her income and deposits rest of the money in a bank. How much money does she deposit in the bank each month?
Answers
Sapna deposits Rs.1500in the bank from her income each month
Step-by-step explanation:
Given:
Sapna's income per month= Rs.12,000
Sapna's expenditure per month= 7/8 of her monthly income
To find:
the money she deposits in her bank
Solution:
Sapna earns 12000 per month and spends 7/8th of her income
∴ Sapna's monthly expenditure= 7/8th of 12000
∴ Sapna's monthly expenditure= 7/8 X 12000
∴ Sapna's monthly expenditure= Rs 10,500
Now, she deposits the rest of her monthly income into her bank account
∴ Amount deposited in Sapna's bank= Sapna's monthly income-
Sapna's monthly expenditure
∴ Amount deposited in Sapna's bank= 12000-10500
∴ Amount deposited in Sapna's bank= Rs 1,500
Therefore, Sapna deposits Rs. 1,500 in her bank each month.
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