A man spends Rs18000 monthly on an average for for months and Rs.20000 monthly for the next eight months and saves Rs.56000 in a year. Find his average monthly salary.
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Solution
The total amount spent in the first 4 months = Rs 18000 = Rs 72000 The total amount spent in the next 8 months = Rs 2000 = Rs 160000 Savings = Rs 56000 Annual Salary = 72000+160000+56000 = Rs 288000 Monthly Salary = Rs 28800012 = Rs 24000