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    Question

    Y allocates his monthly income as follows: 12% for rent,

    18% for groceries, and 30% for bills, while saving the remaining amount. If his savings amount to Rs. 12,000, determine his total monthly income (in Rs.).
    A 90000 Correct Answer Incorrect Answer
    B 29000 Correct Answer Incorrect Answer
    C 30000 Correct Answer Incorrect Answer
    D 20000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ;

    Total expenditure = 12% + 18% + 30% = 60%

    Remaining = 40%

    Remaining amount = 12,000

    So, 40% of income = 12,000

    Income = 12,000 × (100 / 40) = 30,000

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