The average monthly expenditure of a family was ` 8,600 during the first three months, ` 9,750 during the next four months and ` 9,920 during the last five months of the year. If the total savings du…

Question

The average monthly expenditure of a family was ` 8,600 during the first three months, ` 9,750 during the next four months and ` 9,920 during the last five months of the year. If the total savings during the year was ` 65,300, what was the average monthly income (in `) of the family?

PYQPulse · Accepted Answer

14,975

PYQPulse · Answer

Explanation: Total expenditure of the year = ` (8600 × 3 + 9750 × 4 + 9920 × 5) = ` 1,14,400 Total saving during the year ` 65,300 So, average monthly income = 114400 65300 12 + = 179700 12 = ` 14,975

The average monthly expenditure of a family was ` 8,600 during the first three months, ` 9,750 during the next four months and ` 9,920 during the last five months of the year. If the total savings during the year was ` 65,300, what was the average monthly income (in `) of the family?

Answer: A. 14,975

Explanation

The average monthly expenditure of a family was ` 8,600 during the first three months, ` 9,750 during the next four months and ` 9,920 during the last five months of the year. If the total savings during the year was ` 65,300, what was the average monthly income (in `) of the family?

Answer: A. 14,975

Explanation