Question

'Q' spends 25% of his monthly income on rent, 40% on groceries, and 15% of the remaining amount on entertainment. He saves the rest of the money in a fixed deposit that gives simple interest at a rate of 8% per annum. Find the amount 'Q' will get at the end of the year if his spending on entertainment is Rs. 900 per month.

A Rs.5600
B Rs.5000
C Rs.4508
D Rs.5508
E None of these
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