Sham earns 40000 rupees per month.He spends 3/8 of the income on food,1/5 of the remaining on LIC premium . 1/10 of remaining on paying rent and then 1/2 of the remaining on other expenses. i) How much does he spend on food ? a) 60 00 b) 9000 c) 15000 d) None ii) What amount does he spend on paying LIC premium ? a) 40000 b) 8000 c) 50000 d) 5000 iii) What are his rental charges ? a) 1000 b) 2000 c) 5000 d)none iv) What is the total cost of other expenses ? a) 1000 b) 1800 c) 9000 d) None V) How much amount is left with him ? a) 900 b) 9000 c) 16200 d) none
Answers
Answer:
i) c (ii) d (iii) b (iv) c (v) b
Step-by-step explanation:
Sham earns per month = Rs 40,000
Amount spent by Sham on Food= 3/8 * 40,000 = Rs 15,000
Amount Remained with Shyam after Food Expenses = Rs 40,000- Rs 15,000 = Rs 25,000
Amount spent by Sham on LIC Premium = 1/5 * 25,000 = Rs 5,000
Amount Remained with Shyam after paying LIC Premium = Rs 25,000- Rs 5,000= Rs 20,000
Amount spent by Sham on Rent= 1/10 * Rs 20,000 = Rs 2,000
Amount Remained with Shyam after paying Rent = Rs 20,000- Rs 2,000= Rs 18,000
Amount spent by Sham on Other Expenses= 1/2 * Rs 18,000 = Rs 9,000
Amount Remained with Shyam after Other Expenses = Rs 18,000- Rs 9,000 = Rs 9,000
i) Amount spent by Sham on Food = Rs 15,000
ii) Amount spent by Sham on paying LIC Premium = Rs 5,000
iii) Rental Charges paid by Sham = Rs 2,000
iv) Total Cost of Other Expenses = Rs 9,000
v) Amount Left with Sham = Rs 9,000