Question 2

Srinivas works and earns ₹ 14,500 per month, out of which he saves only 20% and spends the remaining amount on other deeds. Find the amount spent

Solution

Srinivas works and earns ₹ 14,500 per month, out of which he saves only 20% and spends the remaining amount on other deeds.

We know,

$$Income = Expenditure + Savings$$

$$14500 = Exp + 0.2 \times 14500$$

$$14500 = Exp + 2900$$

$$Exp = 11600$$

Option D is correct.

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