Question

What is the total of the monthly amount Mr. Z sends to his family and the monthly amount he spends on various household expenses?

• A. Rs. 46750
• B. Rs. 48000
• C. Rs. 45500
• D. Rs. 46000
• E. None of these

Answer 1

The correct option is A Rs. 46750

Z's monthly income $=Rs.\frac{1275000}{12}=Rs.106250$
Monthly Savings $=106250\times \frac{1}{5}=Rs.21250$
Monthly loan instalment $=(106250-21250)of\frac{15}{100}=Rs.12750$
Various monthly bills $=\frac{106250\times 24}{100}=Rs.25500$
Monthly household expenses $=Rs.\left(\frac{106250\times 42}{100}\right)=Rs.44625$
Monthly amount sent to family $=Rs.(106250-21250-12750-25500-44625)=Rs.2125$

Required answer $=Rs.(2125+44625)=Rs.46750$