Question

Meet saves ₹ 4000 from her salary. If this is $10\%$ of her salary. What is her salary and also find her net expenditure? However, Meet wanted to buy a bike, so she started to save $30\%$ of her salary. How much is she saving now? [4 MARKS]

Answer 1

Steps: 2 Marks
Answer: 1 Mark each

Given that:
Meet saves ₹ 4000 from her salary, which is 10% of her salary.

Let Meet’s salary be ₹ $x$

Given that,

$10\%ofx=4000$

$\frac{10}{100}\times x=4000$

$\frac{x}{10}=4000$

$x=4000\times 10=₹40000$

Therefore, Meet’s salary is ₹ 40,000.

Her net expenditure = Salary - savings = 40000 - 4000 = ₹ 36,000

Now in order to buy a bike Meet starts saving $30\%$ of her salary.
Her salary is ₹ 40,000.
The total amount she starts saving monthly = $\frac{30}{100}\times 40,000$ = $₹12,000$
Her net saving monthly is ₹ 12,000.