Ramesh saves $26\frac{2}{3}$ % of his monthly salary. When his expenses are increased by 20%, he is able to save ₹4,080 per month. His monthly salary is: |
₹35,000 ₹38,000 ₹34,000 ₹30,000 |
₹34,000 |
26\(\frac{2}{3}\)% = \(\frac{80}{300}\) , 20% = \(\frac{1}{5}\) Let Income = 300R , Saving = 80R & Expenses = 300R - 80R = 220R Increased expenses = 220R + \(\frac{1}{5}\) × 220R = 264R New saving = 300R - 264R = 36R ATQ, 36R = 4080 1R = \(\frac{4080}{36}\) = 113.33 Income = 300R = 300 × 113.33 = 34000
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