Q538
Ramesh spends 40% of his monthly salary on food, 18% on house rent, 12% on entertainment, and 5% on conveyance. But due to a family function, he has to borrow Rs. 16,000 from a money lender to meet the expenses of Rs. 20,000. His monthly salary is:
A.
Rs. 18,000
B.
Rs. 16,500
C.
Rs. 16,000
AnswerD.
Rs. 15,000
Answer: Option C
Solution
Answer: Option C
Solution:
Let monthly salary = 100xTotal expenditure = (40 + 18 + 12 + 5)x = 75x
25x = 20,000 - 16,000
x
Hence monthly salary = 100x = 100 × 160 = 16,000