Rohit donates 15% of his monthly income to charity funds. The remaining income is spent
in the following manner: 35% on food, 20% on rent, 17% on bills, 8% on clothing, and the
remaining is kept as savings. If the amount saved each month is ₹14,620, then what is
Rohit's monthly income?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. ₹86,000.
ConsiderRohit's income as 100%
After donation of 15%, remaining salary = (100-15)% = 15%
Let's consider this 85% of total income = x
In remaining income, Rohit spent 35% on food, 20% on rent, 17% on bills, and 8% on clothing = 35 + 20 + 17 +8 = 80%
Expenses of Rohit = 80% of x
Savings of Rohit = 20% of x
The amount saved by him (each month) = 14620 = 20% of x
x = (14620 × 100)÷20
x = 73100
85% of total income = 73100/-
100% of total income = 100 × (73100÷85)
= 100 × 860
= 86000/-
Total income = 86000
Hence, the correct answer is 86000.