Question

Rohan gets $712,000$ per month as his salary. He saves $\frac{1}{4}$ of his monthly salary for six months. For the next six months, he saves $\frac{1}{5}$ of his monthly salary. Write the total saving in the end of the year. What value does the Rohan possess $?$

Answer 1

Monthly salary $=7,12,000$

Monthly saving for the first six months $=\frac{1}{4}\times 712000=1,78,000$

Monthly saving for the next six months $=1,42,400$

$\therefore$ Total savings of the end of the year is $=178000\times 6+142400\times 6$ $=1,922,400$