Question

Satish saves 10% of his monthly salary . And of the remaining salary `(1)/(3) th and (1)/(2)th` he gives to his mother and sister respectively and the remaining salary he submits as his EMI for the payment of his car . If his annual EMI was Rs. 50,000, then find his monthly salary ?
A. Rs. 33,000
B. Rs. 27,000
C. Rs. 32,000
D. Rs. 27,800

Answer 1

Correct Answer - D
(d) Let the monthly salary be Rs 100 x .
EMI per month`=100x-(10x+90x xx (1)/(3)+90x xx (1)/(2))=Rs 15x`
ATQ,
`15x xx 12=50,000 implies x=278`
Monthly salary =Rs 27800