Question

Vishal invested 2/11 th part of his monthly income in stocks share and that of 1/4th part in mutual fund. He spent the remaining amount on domestic needs and apparel in the ratio 5 : 3 respectively. The expenditure on domestic needs was Rs.2100. What is his annual income?

Answer 1

sum of ration = 5+3= 8
remaining amount x 5/8= 2100
R.A= 2100 x 8/ 5
= 3360

investment = 2/11
mutual fund= 1/4
total= 2/11 + 1/4= 19/44

1- 19/44= 25/44

25/44 of income = 3360

monthly income= 3360 x 44/25 = 5913.60

annual income= 5913.60 x 12= 70963.20