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Mr. Balamurali spends 25% of his monthly salary on household expenditure, 20% of the remaining on children’s education, and the remaining is equally invested in three different schemes. If the amount invested in each scheme is Rs.5600, what is the monthly salary of Balamurali?
a) Rs.28000 b) Rs.21000 c) Rs.24000 d) Rs.42000
Read Solution (Total 2)
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- let the monthly salary=x
amount invested on expenditure=x/4;
remaning amount=3x/4;
amount invested on children education=20% i.e is 3x/20;
remaining amount=3x/4 - 3x/20=3x/5;
remaining amount invested in three different schemes i.e is 1/3(3x/5)
x/5=5600
therefore x=28000
monthly salary is 28000 - 12 years agoHelpfull: Yes(4) No(0)
- Let Salary = 100
After invest on Household remaining Salary = 75
after invest on children education remaining salary = 60
equally invest in three scheme = (20+20+20)
20%=5600 (Given in question)
1%=280
100%=28000(Answer) - 7 years agoHelpfull: Yes(3) No(0)
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