Fredrick after spending 20% of his monthly salary in buying electronic goods and 10% of the monthly salary in repair work of furniture, invested 30% of the remaining amount in fixed deposits. If he was left with Rs. 18,963, how much is his monthly salary ?
Let monthly salary = Rs. $$100x$$
Amount spent on buying electronic goods = $$\frac{20}{100} \times 100x = 20x$$
Amount spent on repair work = $$\frac{10}{100} \times 100x = 10x$$
Amount left = $$100x - 20x - 10x = 70x$$
Amount invested in fixed deposits = $$\frac{30}{100} \times 70x = 21x$$
=> Amount left = $$70x - 21x = 49x$$
Acc to ques,
=> $$49x = 18963$$
=> $$x = \frac{18963}{49} = 387$$
$$\therefore$$ Monthly salary = 100 * 387 = Rs. 38,700
Create a FREE account and get: