Savita spends 20% of her monthly income on groceries, 15% of the remaining on rent and then 60% of the left over on children's education and others. If she saves Rs. 9,792 a month, then how much (in Rs.) does she spend on rent?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 4,320
Explanation:
Let the salary of Savita be 100x.
According to the given question,
Expenditure on groceries = 20% of 100x = 20x
Remaining salary = 100x - 20x = 80x
Expenditure on rent = 15% of 80x = 12x
Remaining salary = 80x - 12x = 68x
Expenditure on children's education and others = 60% of 68x = 40.8x
Remaining salary = 68x - 40.8x = 27.2x
Savings = 27.2x = 9,792
⇒ x = 360
Now, expenditure on rent = 12x = 12 × 360 = 4320
Hence the required answer is Rs. 4320.