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Out of her total monthly income, Mrs saxena spends 30% on house rent and 60% of the rest on household expenses. If she saves ₹6300 per month, what is her total monthly income?
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Out of her total monthly income, Mrs saxena spends 30% on house rent a...
Total Monthly Income Calculation for Mrs. Saxena
To determine Mrs. Saxena's total monthly income, we need to analyze her spending and savings pattern.
Step 1: Understanding the Expenses
- Mrs. Saxena spends 30% of her total income on house rent.
- Let's denote her total income as 'I'.
Step 2: Calculating House Rent
- House rent = 30% of I = 0.30 * I
Step 3: Remaining Income After Rent
- Remaining income after paying rent = I - (0.30 * I) = 0.70 * I
Step 4: Household Expenses
- She spends 60% of the remaining income on household expenses.
- Household expenses = 60% of (0.70 * I) = 0.60 * (0.70 * I) = 0.42 * I
Step 5: Calculating Savings
- To find her savings, we subtract her total expenses from her income.
- Total expenses = House rent + Household expenses = (0.30 * I) + (0.42 * I) = 0.72 * I
- Thus, savings = Total income - Total expenses = I - (0.72 * I) = 0.28 * I
Step 6: Setting Up the Equation
- We know her savings amount to ₹6300.
- Therefore, 0.28 * I = ₹6300
Step 7: Solving for Total Income
- To find 'I', we divide both sides by 0.28:
- I = ₹6300 / 0.28 = ₹22500
Conclusion
- Mrs. Saxena's total monthly income is ₹22500.
To determine Mrs. Saxena's total monthly income, we need to analyze her spending and savings pattern.
Step 1: Understanding the Expenses
- Mrs. Saxena spends 30% of her total income on house rent.
- Let's denote her total income as 'I'.
Step 2: Calculating House Rent
- House rent = 30% of I = 0.30 * I
Step 3: Remaining Income After Rent
- Remaining income after paying rent = I - (0.30 * I) = 0.70 * I
Step 4: Household Expenses
- She spends 60% of the remaining income on household expenses.
- Household expenses = 60% of (0.70 * I) = 0.60 * (0.70 * I) = 0.42 * I
Step 5: Calculating Savings
- To find her savings, we subtract her total expenses from her income.
- Total expenses = House rent + Household expenses = (0.30 * I) + (0.42 * I) = 0.72 * I
- Thus, savings = Total income - Total expenses = I - (0.72 * I) = 0.28 * I
Step 6: Setting Up the Equation
- We know her savings amount to ₹6300.
- Therefore, 0.28 * I = ₹6300
Step 7: Solving for Total Income
- To find 'I', we divide both sides by 0.28:
- I = ₹6300 / 0.28 = ₹22500
Conclusion
- Mrs. Saxena's total monthly income is ₹22500.
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Out of her total monthly income, Mrs saxena spends 30% on house rent and 60% of the rest on household expenses. If she saves ₹6300 per month, what is her total monthly income?
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Out of her total monthly income, Mrs saxena spends 30% on house rent and 60% of the rest on household expenses. If she saves ₹6300 per month, what is her total monthly income? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Out of her total monthly income, Mrs saxena spends 30% on house rent and 60% of the rest on household expenses. If she saves ₹6300 per month, what is her total monthly income? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Out of her total monthly income, Mrs saxena spends 30% on house rent and 60% of the rest on household expenses. If she saves ₹6300 per month, what is her total monthly income?.
Out of her total monthly income, Mrs saxena spends 30% on house rent and 60% of the rest on household expenses. If she saves ₹6300 per month, what is her total monthly income? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Out of her total monthly income, Mrs saxena spends 30% on house rent and 60% of the rest on household expenses. If she saves ₹6300 per month, what is her total monthly income? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Out of her total monthly income, Mrs saxena spends 30% on house rent and 60% of the rest on household expenses. If she saves ₹6300 per month, what is her total monthly income?.
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