Question

Every month Ravi spends 20% of his salary on food, 25% on house rent, 15% on education, 30% on miscellaneous expenses, and saves the rest. If his monthly salary is ₹10,000, then his monthly saving (in ₹) is:

Expense 20 25 15 30 10000 90 10000 Rs. 9000 Savings 10000 - 9000 Rs. 1000

A 1200

B 500

C 2,000

D 1000

Detailed Solution