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Question

Raju earns ₹ 34000 per month. He spends \( \frac {1}{4}th \) of his income on food, \( \frac {3}{10}th \) of the remainder on house rent and \( \frac {5}{21}th \) of the remainder on education of children. How much money is still left with him?

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Solution

Raju's total monthly income = ₹ 34000

Raju’s expenses on food = \( \frac {1}{4} \times 34000\)

= ₹ 8500

Money left with Raju = 34000 - 8500
= ₹ 25500

House rent = \(\frac {3}{10} \times 25500\)
= ₹ 7650

\(\text{Now, money left with Raju = } 25500 – 7650\)
= ₹ 17850

Children's education = \( \frac {5}{21} \times 17850\)
= ₹ 4250

Money left with Raju = 17850 – 4250
= ₹13600


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