Question

The monthly salary of a man is ₹ 20,000. If 10% of it is spent on education,20% of it
is spent on food and 30% of it is paid to home loan, how much money is saved by the
man for his future plans?

Answer 1

Step-by-step explanation:

Total expenditure = (25+30+20)= 75% .

So savings = (100–75)= 25% .

25% of savings accounts for= Rs.15,000

So his income (100%)= 100/25 x 15,000 = Rs 60,000

Answer 2

Answer:

Step-by-step explanation:

Total expenditure = (25+30+20)= 75% .

So savings = (100–75)= 25% .

25% of savings accounts for= Rs.15,000

So his income (100%)= 100/25 x 15,000 = Rs 60,000