Sujatha spends 18% of her monthly income on house rent, 40% of the income on groceries and 55% of the remaining on her children’s education and others. If her monthly savings is ₹4,725, then her expenditure on ‘education and others’ is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. ₹5,775.
Monthly income = ₹x
House Rent = 18% of x = 0.18x
Groceries = 40% of x = 0.40x
Total spent = 0.18x + 0.40x = 0.58x
Remaining after rent & groceries = x - 0.58x = 0.42x
Education and others = 55
Savings = 0.45 × 0.42x = 0.189x
According to the question savings = ₹4,725
Expenditure on education and others = 0.231x = 0.231 × 25,000 = ₹5,775