Vinay wants to purchase a bat for himself. He gets a pocket money of Rs.100 every month. The bat costs Rs. 1200. Assuming that he saves half his pocket money, after how many years will he be able to purchase the bat?
A
1.5 years
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B
1.8 years
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C
2 years
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D
2.5 years
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Solution
The correct option is C 2 years Vinay saves Rs. 50 every month. Number of months =CostofbatMoneysavedeverymonth =Rs.120050=24 Hence, Vinay will be able to purchase the bat in 24 months i.e. 2 years.