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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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