Question
The monthly salary of a person is Rs.30000. He spent a%
on rent and (a+5)% on EMI. From the remaining, he spend 45% on Education. Find amount spent on EMI, if amount spent on rent is equal to the amount spent on education.Solution
ATQ,
Given: Monthly salary = Rs. 30,000. Expenses: Rent = 300a EMI = 300(a+5) Remaining amount = 300(95 − 2a) Education: 45% of remaining amount = 135(95 − 2a) Condition: Rent = Education: 300a = 135(95 − 2a) On solving for 'a' we get, a=22.5 EMI Calculation = (a+5) = 27.5%, EMI = 8250
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