Vijay spends 30% of his salary on food, 15% on his car EMI, 10% on shopping and 20% on parties. If h

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15 Feb 2021 Salary

Vijay spends 30% of his salary on food, 15% on his car EMI, 10% on shopping and 20% on parties. If his saving at the end of a month are Rs. 2500, then his monthly salary is?

OPtion

1) Rs. 10000
2) Rs. 7500.50
3) Rs. 8000
4) Rs. 9500
5) Rs. 8200.33
6) Rs. 8400
7) Rs. 9800
8) Rs. 9650
9) Rs. 9400.55
10) None of the above

Solution

Total Spends = 30+15+10+20 = 75%
Saving = 100 – 75 = 25% of his salary = 2500
His monthly salary= 2500/25%
= 2500 x 100/25 = Rs. 10000

Correct Option: 1 Best Solution (3)