Sonali invests 15% of her monthly salary in insurance policies. She spends 55% of her monthly salary on shopping and household expenses. She saves the remaining amount of Rs. 12,750. What is Sonali's monthly income?
A
Rs. 42,500
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B
Rs. 38,800
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C
Rs. 40,000
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D
Rs. 35,500
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Solution
The correct option is A Rs. 42,500 Let the total amount be x.
Insurance =15%
Shopping + household =55%
Thus, the invested percentage is 15+55=70%.
30% is the remaining amount.
According to the problem, Sonali saves Rs. 12,750.