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The average monthly expenditure of a family was Rs10,000 during the first three months, Rs12,500 during the next four months,
and Rs13,500 during the last five months of a year. If the total savings during the year was Rs32,500, then 70% the average
monthly income of the family (in Rs) was:
11,250
12,250
15,000
10,500
- The family spent Rs10,000 per month for the first three months, totaling Rs30,000.
- For the next four months, the expenditure was Rs12,500 per month, totaling Rs50,000.
- In the last five months, they spent Rs13,500 monthly, totaling Rs67,500.
- The total expenditure for the year is Rs30,000 + Rs50,000 + Rs67,500 = Rs147,500.
- Total yearly income can be calculated by adding savings to the total expenditure: Rs147,500 + Rs32,500 = Rs180,000.
- The average monthly income = Rs180,000 / 12 = Rs15,000.
- 70% of the average monthly income = 0.70 * Rs15,000 = Rs10,500.
- Option 4: Rs10,500 is the correct answer.
.
By: santosh ProfileResourcesReport error
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