saroj invest 72318 which is 17 % of her
annual income in mutual funds what is her monthly income
Answers
Answered by
1
Answer:
annual income is ₹4,25,400
monthly income is ₹ 35,450
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The answer is Rs 35,450
GIVEN
saroj invest 72318 which is 17 % of annual income in mutual funds.
TO FIND
monthly income
SOLUTION
The above problem can be simply solved as follows;
Let the monthly income = x
Annual income = 12x
According to the question
17% of 12x = 72318
Solving,
(17/100) × 12x = 72318
0.17 × 12x = 72318
2.04x = 72318
x = 72318/2.04 = 35,450
Hence, The answer is Rs 35,450
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