Out of his monthly income, a man spends 50% on household items, 23% on travelling and children education, 15% on bank EMI and saves the remaining ₹6000. What is his monthly income? |
₹48,000 ₹50,800 ₹52,500 ₹50,000 |
₹50,000 |
Let us consider that , Total income = 100% Expenditure = 50% + 23% + 15% = 88% We know, Income = Expenditure + Saving Saving = 100% - 88% = 12% According to question, 12% = 6000 1% = 500 Now, 100% = 100 × 500 = 50000 So, Income = 50,000 The correct answer is Option (4) → ₹50,000 |