Question

A person saves $9\%$ of his salary every month. If his salary is $Rs.24000$. Find his saving per year?

Answer 1

$\Rightarrow$ Monthly salary of person $=Rs.24000$

$\Rightarrow$ He saves $9\%$ of his salary every month.

$\Rightarrow$ Person saves money from salary every month $=Rs.(\frac{9}{100}\times 24000)=Rs.2160$

$\therefore$ Person saves money from salary per year $=Rs(2160\times 12)=Rs.25,920$