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    Question

    A man spends 20% of his income on food, 30% on rent, 10%

    on transportation, and 15% on other expenses. He saves the remaining тВ╣12,750. What is his monthly income?
    A тВ╣40,000 Correct Answer Incorrect Answer
    B тВ╣42,500 Correct Answer Incorrect Answer
    C тВ╣45,000 Correct Answer Incorrect Answer
    D тВ╣51,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Total expenses = 20% + 30% + 10% + 15% = 75%. Savings = 25%. Let the total income = тВ╣x. 25% of x = тВ╣12,750. x = тВ╣12,750 ├Ч 4 = тВ╣51,000.

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