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Concept of Saving

Kiara spent 4...

Question

Kiara spent 40% of her total income in savings and donated 4% every month to charity. If her monthly expenditure is ₹22400 per month, her income is .

A

₹44000

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B

₹40000

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C

₹36000

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D

₹48000

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Solution

The correct option is B ₹40000
Total % saving + charity = 40 + 4 = 44%.
Total expenditure = 100 - 44 = 56%.
Let the total income be ₹x.
$\frac{56 x}{100}$ = ₹22400
x = $\frac{22400 \times 100}{56}$ = ₹40000

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