Anees spends 40% of his income on rent, 30% of the remaining on medicines and 20% of the remaining on education. If he saves Rs. 840 every month, then find his monthly salary?
A. Rs. 1800
B. Rs. 2000
C. Rs. 2200
D. Rs. 2500
E. None of these
Explanation:
Let’s Aneess salary be Rs. 100.
Money spent on Rent = 40% of 100 = Rs. 40.
Money spent on medical grounds = 30% of (100 – 40) = 3/10 * 60 = Rs. 18.
Money spent on education = 20% of (60 – 18) = 1/5 * 42 = Rs. 8.40
Anees saves 100 – (40 + 18 + 8.40) i.e., Rs. 33.60
for 33.6 —> 100 ; 840 —> ?
Required salary = 840/33.6 * 100 = Rs. 2500