A person who spends 662/3 % of his income is able to save Rs. 1200 per month. His monthly expenses (in Rs.) is :

Answer: Option B

$$66\frac{2}{3}$$% = $$\frac{2}{3}$$
Let the income of the person = 3 units
Expenditure = 2 units
Savings = (3 - 2) = 1 unit
According to the question,
1 unit = Rs. 1200
2 units = 2 × 1200 = Rs. 2400