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?

₹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