Question

The total annual income of Rohit is 240000.He spends 20% of his monthly income in his son’s education, 30% of the remaining in his household expense and rest is saved. find his savings in a year?

• A. 124400
• B. 134400
• C. 144400
• D. 140000

Answer 1

Answer:

B. 134400

Salary per month= 240000/12= 20000 son’s education = 20/100*20000 = 4000 Remaining=20000-4000=16000 Household expenses= 16000*30/100= 4800 Savings per month= 11200 Savings in a year= 11200 *12 = Rs 134400.