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      Question

      Mrs. Deepa Devi saves 30% of her salary. If she receives

      Rs.42,000 per month as her salary, what is her monthly expenditure?
      A Rs.29,200 Correct Answer Incorrect Answer
      B Rs.29,400 Correct Answer Incorrect Answer
      C Rs.29,300 Correct Answer Incorrect Answer
      D Rs.29,100 Correct Answer Incorrect Answer

      Solution

      ATQ, Mrs. Deepa Devi saves 30% of her salary, so her expenditures must be 70% of her salary. We can express this as: Expenditures = 70% of Salary Now, we can use this formula to calculate Mrs. Deepa Devi's monthly expenditures: Expenditures = 70% of Rs.42,000 Expenditures = (70/100) Γ— Rs.42,000 Expenditures = Rs. 29,400

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