Richa invests in mutual funds a sum of ₹5,59,968. Which is 19% of her annual income. What is her monthly income?
Answer & explanation
Correct answer: option 4
19% of the total income = 559968
Total Income = \(\frac{100}{19}\) × 559968
= 2947200
Monthly Income = \(\frac{2947200}{12}\)
= Rs. 2,45,600