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    Question

    A man spends 40% of his income on rent, 30% on food, and

    20% on other expenses. He saves the remaining ₹12,000. What is his total income?
    A ₹40,000 Correct Answer Incorrect Answer
    B ₹1,20,000 Correct Answer Incorrect Answer
    C ₹95,000 Correct Answer Incorrect Answer
    D ₹88,000 Correct Answer Incorrect Answer

    Solution

    Let total income = ₹x. Expenses = 40% + 30% + 20% = 90% of ₹x. Savings = 10% of ₹x = ₹12,000. x = ₹12,000 / 10% = ₹12,000 × 10 = ₹1,20,000. Correct option: B

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