Question

Anil after spending 84% of his income, saves Rs. 24 every month. What is the monthly income?
1. Rs. 180
2. Rs. 280
3. Rs. 250
4. Rs. 150

Answer 1

Correct Answer - Option 4 : Rs. 150

Given:

Income spent = 84%

Saving = Rs. 24

Formula used:

Saving = Saving% × Total income

Calculation:

Saving% = (100 – 84) = 16%

Now,

Let the income be x

According to the question

24 = 16x/100

⇒ 2400 = 16x

⇒ x = Rs. 150

∴ The monthly income is Rs. 150