Mr. More spent 20% of his monthly income on food and 15% on children'…

Question

Mr. More spent 20% of his monthly income on food and 15% on children's education. 40% of the remaining he spent on entertainment and transport together and 30% on medical. He is left with an amount of Rs. 8775 after all…

Accepted Answer

Option E. None of these. Answer & Solution Answer: Option E Solution: Let Mr. More's monthly income be Rs. x Then, [100 - (40 + 30)]% of [100 - 20 + 15]% of x = 8775 ⇒ 30% of 65% of x = 8775 ⇒ ( 30100 × 65100 × x ) = 8775 ⇒ 39/200 x = 8775 ⇒ x = ( 8775 × 20039 ) ⇒ x = 45000

Mr. More spent 20% of his monthly income on food and 15% on children's education. 40% of the remaining he spent on entertainment and transport together and 30% on medical. He is left with an amount of Rs. 8775 after all these expenditures. What is Mr. More's monthly income ?

Solution