Question 27

Ramola’s monthly income is three times Ravina’s monthly income, Ravina’s monthly income is fifteen percent more that Ruchika’s monthly income. Ruchika’s monthly income is Rs. 32,000. What is Ramola’s annual income?

Solution

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Ruchika's monthly income = Rs 32000
Ravina's monthly income = 32000 x (1 + $$\frac{15}{100}$$) = 32000 x $$\frac{115}{100}$$ = Rs. 36800
Ramola's monthly income = 3 x 36800 = 110400
Ramola's annual income = 12 x 110400 = 1324800

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