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A person spent 40% of his monthly salary on house rent and 25% of the remaining salary on food and he saved the remaining amount. If he saves ? 48600 annually then what is his monthly salary ?
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Let monthly salary be Rs. 100. Remaining salary after spending 40% of his monthly salary on house rent = 100 – 40 = Rs. 60 Remaining amount after spending 25% of the remaining salary on food = 60 – (25% of 60) = Rs. 45 Given that annually saving = Rs. 48600 Then, monthly saving = Rs. 48600 ÷ 12 = Rs. 4050 Now, 45 : 100 : : 4050 : x ∴ x = 100 x 4050/45 = 9000
By: Amit Kumar ProfileResourcesReport error
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