Swastik saves 20% of his income while spends the remaining amount on food, rent, education and shopping. 15% of the income is spent on food, while ₹12,800 is spent on rent, ₹32,000 on education and ₹7,200 on shopping. The amount spent on shopping is 11.25% of the total expenditure. How much money (in ₹) is spent on food?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 12000
Given:
Swastik saves 20% of his income
He spend 15% of his income on food
₹12,800 is spent on rent
₹32,000 on education and ₹7,200 on shopping
Amount spent on shopping is 11.25% of the total expenditure
Calculations:
Let total expenditure be 100x.
Amount spent on shopping = 11.25% of 100x = 11.25x
We know that,
⇒ 11.25x = 7200
⇒ x = 640
Total expenditure = 100x = 64000
Amount spent on food = 64000 - (32000 + 7200 + 12800) = 12000