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The average monthly expenditure of a family is Rs12,000 for the first 4 months, Rs15,000 for the next 3 months, and Rs17,000 for
the last 5 months. If the family saves Rs1,52,000 throughout the year, then the average monthly income of the family is:
Rs27,000
Rs25,700
Rs26,500
Rs27,500
- Calculate total expenditure:
- First 4 months: \(4 \times 12,000 = 48,000\)
- Next 3 months: \(3 \times 15,000 = 45,000\)
- Last 5 months: \(5 \times 17,000 = 85,000\)
- Total expenditure for the year: \(48,000 + 45,000 + 85,000 = 1,78,000\)
- Calculate total savings:
- Given savings for the year: \(1,52,000\)
- Calculate total income:
- Total income for the year = Total expenditure + Savings = \(1,78,000 + 1,52,000 = 3,30,000\)
- Calculate monthly income:
- Average monthly income = Total income / 12 = \(3,30,000 / 12 = 27,500\)
- Check Options:
- Option 1: Rs27,000
- Option 2: Rs25,700
- Option 3: Rs26,500
- Option 4: Rs27,500
By: santosh ProfileResourcesReport error
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