SOLUTION: A man's average monthly expenditure for the first four months of the year was Rs.231.25. For the next five months,the average monthly expenditure was Rs. 22.75 more than what it wa
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Question 937142: A man's average monthly expenditure for the first four months of the year was Rs.231.25. For the next five months,the average monthly expenditure was Rs. 22.75 more than what it was during the first four months.If the person spent Rs.605 in all during the remaining three months of the year, find what percentage of his annual income of Rs.3500 did he save in the year?
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
A man's average monthly expenditure for the first four months of the year was Rs.231.25.
He spent 231.25 * 4 = Rs. 925
For the next five months,the average monthly expenditure was Rs. 22.75 more than what it was during the first four months.
He spends 231.25+22.75 for one month
In 5 months he spends (231.25+22.75) *5 = 1270
If the person spent Rs.605 in all during the remaining three months of the year,
Total expense = 925+1270+605= 2800
Saving = 3500-2800 = 700
% saving = 700/3500 * 100 = 20 %
find what percentage of his annual income of Rs.3500 did he save in the year?
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