Bhanu spends 20% of his monthly salary on rent, 10% on stationery, 14% on transport, 18% on electricity, and the balance of ₹1,520 on remaining items. What is the monthly salary of Bhanu?
Answer & explanation
Correct answer: option 3
Let the salary of Bhanu = 100x
ATQ,
Bhanu is spending his complete salary on different things,
100x = 20% of 100x + 10% of 100x + 14% of 100x + 18% of 100x + 20% of 100x + 1520
100x = 62% of 100x + 1520
100x = \(\frac{62}{100}\) × 100x +1520
100x = 62x + 1520
38x = 1520
x = 40
So , salary of Bhanu = 100x = 4000