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Naman spent 50% of his monthly income on household item, 20% of his monthly income on buying clothes. 5% of his monthly income on medicines and remaining amount of Rs.11,250 he saves. What is Naman’s monthly income?
  • a)
    44,000
  • b)
    45,000
  • c)
    49,000
  • d)
    47,500
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Naman spent 50% of his monthly income on household item, 20% of his mo...
GIVEN:
Expenditure on Household item = 50%
Expenditure on Buying clothes = 20%
Expenditure on Medicines = 5%
Remaining amount = Rs. 11250
FORMULA USED:
Monthly income = Remaining amount / remaining percentage
CALCULATION:
Total income = 100%
Expenses = 50% + 20% + 5% = 75%
Remaining = 25% = 11250
Naman’s monthly income = 11250/(25%) = 45000
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Most Upvoted Answer
Naman spent 50% of his monthly income on household item, 20% of his mo...
S monthly income?

Let's assume Naman's monthly income is x.

Naman spends 50% of his income on household items, which is 0.50x.
He spends 20% of his income on clothes, which is 0.20x.
He spends 5% of his income on medicines, which is 0.05x.

The total amount he spends is 0.50x + 0.20x + 0.05x = 0.75x.

The remaining amount he saves is x - 0.75x = 0.25x.

We are given that the remaining amount is Rs.11,250, so we can set up the equation:

0.25x = 11250

Dividing both sides of the equation by 0.25, we get:

x = 11250 / 0.25
x = 45000

Therefore, Naman's monthly income is Rs.45,000.
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Naman spent 50% of his monthly income on household item, 20% of his monthly income on buying clothes. 5% of his monthly income on medicines and remaining amount of Rs.11,250 he saves. What is Naman’s monthly income?a)44,000b)45,000c)49,000d)47,500Correct answer is option 'B'. Can you explain this answer?
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Naman spent 50% of his monthly income on household item, 20% of his monthly income on buying clothes. 5% of his monthly income on medicines and remaining amount of Rs.11,250 he saves. What is Naman’s monthly income?a)44,000b)45,000c)49,000d)47,500Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Naman spent 50% of his monthly income on household item, 20% of his monthly income on buying clothes. 5% of his monthly income on medicines and remaining amount of Rs.11,250 he saves. What is Naman’s monthly income?a)44,000b)45,000c)49,000d)47,500Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Naman spent 50% of his monthly income on household item, 20% of his monthly income on buying clothes. 5% of his monthly income on medicines and remaining amount of Rs.11,250 he saves. What is Naman’s monthly income?a)44,000b)45,000c)49,000d)47,500Correct answer is option 'B'. Can you explain this answer?.
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