Question

Mohit's salary is ₹15,000 per month. He spends ₹5,000 on house rent, ₹2,000 on bills and rest of the amount is his monthly savings. Find his savings in a year, if in the month of his birthday he spent his complete monthly saving for birthday celebration

• A. ₹8,000
• B. ₹96,000
• C. ₹88,000
• D. ₹17,000

Answer 1

Answer:

C. ₹88,000

monthly savings=15000-5000-2000=8000 yearly savings = 8000 x 12= 96000 he spends a monthly savings for bday celebration, so the current savings is 96000-8000=88000