Question

Sohan’s annual salary is 5 lakh INR .If he spends 33560 INR per month ,find
this annual savings

Answer 1

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Answer 2

Annual salary = 5,00,000

Monthly expenditure = 33560

Annual expenditure = Monthly expenditure * 12 = 33560*(10 + 2)

                                                                               = 335600 + 67120

                                                                               = 402720 INR

Annual savings = Annual salary - Annual expenditure = 5,00,000 - 402720

                                                                                         = 97280 INR