Mr. Shah’s monthly income is Rs. 54550. In an entire year, he spends 32% of his annual salaries on groceries, he spend 12% on repairs and 10% he pays to his servant. If half of the remaining amount h…

Question

Mr. Shah’s monthly income is Rs. 54550. In an entire year, he spends 32% of his annual salaries on groceries, he spend 12% on repairs and 10% he pays to his servant. If half of the remaining amount he invests in fixed deposits, what is the amount invested by him in fixed deposits?

Testwala · Accepted Answer

Rs. 150558

Testwala · Answer

Explanation: Remaining amount of amount in percent = 100 - 10 - 12 -32 = 46 The amount remaining with him = 46% of (54550*12) = 3,01,116 The amount of invested in full deposit = 0.5*30116 = 1,50,558 The correct answer is option A.

Mr. Shah’s monthly income is Rs. 54550. In an entire year, he spends 32% of his annual salaries on groceries, he spend 12% on repairs and 10% he pays to his servant. If half of the remaining amount he invests in fixed deposits, what is the amount invested by him in fixed deposits?

Answer: A. Rs. 150558

Explanation

Mr. Shah’s monthly income is Rs. 54550. In an entire year, he spends 32% of his annual salaries on groceries, he spend 12% on repairs and 10% he pays to his servant. If half of the remaining amount he invests in fixed deposits, what is the amount invested by him in fixed deposits?

Answer: A. Rs. 150558

Explanation