Out of his income, Ram spends 20% on house rent and 60% of the rest on household expenditure. If he saves Rs. 4,600 per month, then his total income per month in Rs. is:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 14375.
Let Ram's total income = 100x
House rent = 20x
Remaining after rent: 100x - 20x = 80x
Household expenditure = 60/100 × 80x = 48x
100x - 20x - 48x = 4600
⇒ 32x = 4600
⇒ x = 4600/32 = 143.75
Total Income = 100x = 100 × 143.75 = 14375