Prakash spends 27% of his salary on children's education and donates 4% to a trust in a particular month. He spends Rs 3,038 on these two heads, then his total salary for that month is:
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Rs 9,800.
Percentage of income spent on children's education = 27%
Percentage of income spent on donation = 4%
Total spends = 27% + 4% = 31%
Total spend amount = 3038
⇒ 31% = 3038
⇒ 100% = 3038/31 × 100 = Rs 9800
His total salary for that month = Rs 9800