Question

Swati earns rupees 24000 per month . She spends 7by8 of her income and deposited the rest .The money in a bank .How much money will she deposited in the bank in one year

Answer 1

fraction she spends 7/8
therefore fraction of money she deposits=1/8
1/8 of 24000=3000 rupees
money she deposits in a year=3000×12
                                               =36000 rupees

Answer 2

Hey mate !!

Here's the answer !!

According to the question, we can say,

She spends $\frac{7}{8} * 24000$ in a month.

So she spends,

 $7 * \frac{24000}{8} = 7 * 3000 = 21000$

So deposited amount is total amount subtracted from spent amount.

=> Deposited Amount = 24000 - 21000 = 3000

So she deposits 3000 every month.

In a year we have 12 months. So for the whole year she deposits,

= 3000 × 12 = 36000

Hence in 1 year she deposits an amount of Rs. 36000 in the bank.

Hope my answer helps !!

Cheers !!