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    Question

    Rahul spends 80% of his salary and earns an allowance of

    5% of his salary each month. His annual saving is Rs. 94500. Find his monthly allowance. [Monthly income = salary + allowance]
    A Rs. 2000 Correct Answer Incorrect Answer
    B Rs. 2200 Correct Answer Incorrect Answer
    C Rs. 2400 Correct Answer Incorrect Answer
    D Rs. 1575 Correct Answer Incorrect Answer
    E Rs. 2700 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let salary = ₹x Spends = 80% of x → Saving from salary = 20% of x = 0.20x Allowance = 5% of x = 0.05x Monthly saving = 0.20x + 0.05x = 0.25x Annual saving = ₹94,500 →12×0.25x = 94500 ⇒3x = 94500 ⇒ x = 31500 Monthly allowance = 5% of 31500 = ₹1575

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