Ayush spends 25% of an amount of money on an insurance policy, 26% on food, 23% on children’s education and 19% on recreation. He deposits the remaining amount of ₹26,600 in the bank. What is the total amount (in ₹) that he spends on food and recreation together?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 1,71,000.
total percentage expenditure of Ayush = 25 + 26 + 23 + 19 = 93%
Remaining = 100% - 93% = 7%
He deposits the remaining amount of ₹26,600 in the bank
⇒ 7% = 26600
⇒ 1% = 3800
Spend on food = 26% = Rs.98800
Spend on recreation = 19% = Rs.72200
Total spend on food and recreation = 98800 + 72200 = Rs.171000