Question

A juice seller makes an annual profit of
₹ 60,000. If his monthly expenditure is ₹ 20,000, How much does he earns in a month?

• A. ₹ 24,000
• B. ₹ 25,000
• C. ₹ 26,000
• D. ₹ 27,000

Answer 1

The correct option is B ₹ 25,000

Total annual profit = ₹ 60,000
Monthly profit = 60,000 $÷$ 12 = ₹ 5,000
Monthly expenditure = ₹ 20,000
Monthly profit
= Monthly income - Monthly expenditure
Monthly income
= ₹ 20,000 + ₹ 5,000 = ₹ 25,000