Question

Mr. Shyam donates 20% of his income every month and saves 15%. If the toal amount he donates is ₹23000 per month, find his total expenditure.

• A. ₹74750
• B. ₹71500
• C. ₹72450
• D. ₹77700

Answer 1

The correct option is A ₹74750

Let the toal income be ₹x.
$\frac{20x}{100}$ = ₹23000
x = $\frac{23000\times 100}{20}$ = ₹1,15,000
Expenditure = 100 - (20 + 15) = 65% of ₹1,15,000
= $\frac{65}{100}\times 115000$
= ₹74750