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Rohit spends 30% of his salary on grocery shopping. Out of the remaining salary, he pays 20% for rent, spends 50% on loan payments, and saves Rs. 14700. What will be the salary of Rohit?
Rs. 55000
Rs. 60000
Rs. 65000
Rs. 70000
Rs. 80000
- Rohit spends 30% of his salary on groceries, leaving him with 70% of his salary.
- From the remaining 70%, he spends 20% on rent and 50% on loan payments.
- His savings of Rs. 14,700 are from the leftover amount after rent and loan payments.
- We can express his remaining salary after groceries as \(0.7 \times\) salary.
- Rent is 20% and loan is 50% of this remaining part.
- Remaining 30% after rent and loan, \((0.3 \times 0.7 \times \text{salary})\), equals Rs. 14,700.
- Solving for salary: \((0.3 \times 0.7 \times \text{salary}) = 14,700\).
- Thus, \(\text{salary} = \frac{14,700}{0.21} = Rs. 70,000\).
- Correct option: Option 4: Rs. 70,000
By: Parvesh Mehta ProfileResourcesReport error
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