Question

Mr.shakya spends 60%of her monthly income and saves Rs 8240 every month. find her Saving percent.Find her monthly income.how much does she spend every month.​

Answer 1

Savings % = 40%

Monthly income = Rs 20,600

Amount spend = Rs 12,360

Explanation:

Let the percentage savings be 's'

Percentage savings = 60% + s = 100

s = 100 - 60

s = 40%

This is because, percentages sum up to hundred (100)

Let her monthly income be I

40/100 × I = 8240

40I/100 = 8240

40I = 824000

Divide both side by 40

I = Rs 20,600

Therefore her monthly income is Rs 20,600

Amount she spends

20,600 - 8240

= Rs 12,360

Or 60/100 × 20,600

= Rs 12,360