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A man spends his two months' income in three months' time, if his monthly income is 6000, then his annual saving is
18000
24000
12000
36000
- The man earns $6,000 per month.
- Over a year (12 months), his total income is $6,000 x 12 = $72,000.
- He spends his two months' income in three months' time. This means he spends $12,000 in three months.
- Over 12 months, he would spend 12/3 = 4 cycles of $12,000, totaling 4 x $12,000 = $48,000.
- Therefore, his annual savings would be $72,000 - $48,000 = $24,000.
- Option 2: 24,000 is the correct choice.
- ??
By: Parvesh Mehta ProfileResourcesReport error
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