Ramesh earns $R s . 40, 000$ per month. He spends $3 / 8$ of the income on food, $1 / 5$ of the remaining on LIC premium and then $1 / 2$ of the remaining on other expenses. Find how much money is left with him?

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Solution

Ramesh Total Income = $40000$
He spends for food = $40000 \times \frac{3}{6}$
$= 20000$
Remaining = $40000 - 20000$
$= 20000$
For LIC premium = $20000 \times \frac{1}{5}$
$= 4000$
Remaining = $20000 - 4000$
$= 16000$
Other expenses = $16000 \times \frac{1}{2}$
$= 8000$
Remaining = $16000 - 8000$
$= 8000$
Now He has 8000 Rs.

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Ramesh earns Rs.40,000 per month. He spends 3/8 of the income on food, 1/5 of the remaining on LIC premium and then 1/2 of the remaining on other expenses. Find how much money is left with him?

Ramesh Total Income = 40000He spends for food = 40000×36=20000Remaining = 40000−20000=20000For LIC premium = 20000×15=4000Remaining = 20000−4000=16000Other expenses = 16000×12=8000Remaining = 16000−8000=8000Now He has 8000 Rs.

Ramesh earns $R s . 40, 000$ per month. He spends $3 / 8$ of the income on food, $1 / 5$ of the remaining on LIC premium and then $1 / 2$ of the remaining on other expenses. Find how much money is left with him?