Question 69
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
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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