Aman gave 30% of his monthly income to his father and of the remaining income, he gave 30% to his daughter and 25% to his wife. Aman invested the amount of money still remaining from his monthly income equally in three schemes. If he invested ₹42,000 in each scheme, what is Aman's monthly income (in ₹ thousand)?
Let's assume the monthly income of Aman is 100y.
Aman gave 30% of his monthly income to his father and of the remaining income, he gave 30% to his daughter and 25% to his wife.
Remaining money (after giving money to his father, daughter, and wife) = 100y of (100-30)% of (100-30-25)%
= 100y of 70% of 45%
= 31.5y
Aman invested the amount of money still remaining from his monthly income equally in three schemes.
So Investment in each scheme = $$\frac{31.5y}{3}\ =\ 10.5y$$
If he invested ₹42,000 in each scheme.
10.5y = 42000
y = 4000
100y = 400000
Aman's monthly income (in ₹ thousand) = 400 thousand
Create a FREE account and get: