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The average monthly expenditure of a family for the first four months is Rs. 2570, for the next three months is Rs. 2490 and for the last five months Rs. 3030. If the family saves Rs. 5320 during the whole year, then the average monthly income of the family during the year is
  • a)
    Rs. 3000
  • b)
    Rs. 3185
  • c)
    Rs. 3200
  • d)
    Rs. 3580
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
The average monthly expenditure of a family for the first four months...
Annual expenditure of family = Rs. (2570 × 4 + 2490 × 3 + 3030 × 5) = Rs. (10,280 + 7470 + 15,150) = Rs. 32,900
Annual savings = Rs. 5320
Annual income = Rs. (32,900 + 5320) = Rs. 38,220
Average monthly income = Rs.38,220 ÷ 12 = Rs. 3185
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Community Answer
The average monthly expenditure of a family for the first four months...
Calculation of Average Monthly Income
- Total expenditure for the year = (2570 x 4) + (2490 x 3) + (3030 x 5) = Rs. 30810
- Total savings for the year = Rs. 5320

Calculation of Total Income for the year
- Total income for the year = Total expenditure + Total savings = Rs. 30810 + Rs. 5320 = Rs. 36130

Calculation of Average Monthly Income
- Average monthly income = Total income for the year / 12 months = Rs. 36130 / 12 = Rs. 3185
Therefore, the average monthly income of the family during the year is Rs. 3185. Hence, the correct answer is option 'B' Rs. 3185.
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The average monthly expenditure of a family for the first four months is Rs. 2570, for the next three months is Rs. 2490 and for the last five months Rs. 3030. If the family saves Rs. 5320 during the whole year, then the average monthly income of the family during the year isa)Rs. 3000b)Rs. 3185c)Rs. 3200d)Rs. 3580Correct answer is option 'B'. Can you explain this answer?
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The average monthly expenditure of a family for the first four months is Rs. 2570, for the next three months is Rs. 2490 and for the last five months Rs. 3030. If the family saves Rs. 5320 during the whole year, then the average monthly income of the family during the year isa)Rs. 3000b)Rs. 3185c)Rs. 3200d)Rs. 3580Correct answer is option 'B'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about The average monthly expenditure of a family for the first four months is Rs. 2570, for the next three months is Rs. 2490 and for the last five months Rs. 3030. If the family saves Rs. 5320 during the whole year, then the average monthly income of the family during the year isa)Rs. 3000b)Rs. 3185c)Rs. 3200d)Rs. 3580Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The average monthly expenditure of a family for the first four months is Rs. 2570, for the next three months is Rs. 2490 and for the last five months Rs. 3030. If the family saves Rs. 5320 during the whole year, then the average monthly income of the family during the year isa)Rs. 3000b)Rs. 3185c)Rs. 3200d)Rs. 3580Correct answer is option 'B'. Can you explain this answer?.
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