Question: Arun spends 35% of his salary on food, 15% on house rent, 10% on conveyance and incurs 20% on miscellaneous expenditure. If he still manages to save Rs. 2500, then his annual salary is
Options:
A) Rs. 150000
B) Rs. 100000
C) Rs. 200000
D) Rs. 175000
Show Answer
Answer:
Correct Answer: A
Solution:
- Let the monthly salary be Rs. x.
Then, saving
Then, saving= [100 – (35 + 15 + 10 +20)]% = 20%
$ \therefore $ $ \frac{20x}{100}=2500 $
$ \Rightarrow $ $ x=\frac{2500\times 100}{20}=Rs\text{. 12500} $
Annual salary $ =12500\times 12=150000 $