Practicing Success
Ramesh spends 40% of his monthly salary on food, 18% on house rent, 12% on entertainment, and 5% on conveyance. But due to a family function, he has to borrow ₹16,000 from a money lender to meet the expenses of ₹20,000. His monthly salary is : |
₹16,500 ₹15,000 ₹16,000 ₹18,000 |
₹16,000 |
Let the Monthly income be 100x Total expenditure = 40x + 18x + 12x + 5x = 75x 25x = 4000 So , monthly income is 16000 |