Question

John's monthly salary is $Rs.12000$. He spends $Rs.1450$ for his son's education, $Rs.550$ for purchasing clothes. $Rs.450$ for purchasing vegetables, milk, etc., $Rs.1500$ for purchasing medicine and pays a rent of $Rs.5000$ in a particular month. How much does he save in this month?

• A. $Rs.4255$
• B. $Rs.4960$
• C. $Rs.3165$
• D. $Rs.3050$

Answer 1

Answer: (D)

$Rs.3050$

Income $=12,000$

expenditures:

On Son's Education $=1450$

On Clothes $=550$

On Vegetables and milk etc $=450$

On medicine $=1500$

On Rent $=5000$

$\therefore$ Total Expenditure $\overline{=8950}$

Now,

Saving $=Income-Expenditure$

$=12000-8950$

$=3050$