Question

Income of Ramesh is Rs. 40,000. He spends 20% on rent,

Savings as percentage of income 8000 40000 100 20 So, 20 15 a 25 20 100 Or, 80 a 100 Or, a 20

15% on clothing, 'a%' on food, 25% on others and saves the rest. If his savings is Rs. 8,000, find the value of 'a'.

A 20

B 30

C 40

D 50

E None of these

Practice Next

More Income and Expenditure Questions

Solution