Question

Naveen earns Rs 55,000 per month .He spends 3/5 of his income every month and saves the rest of the money .Find his monthly savings ?

Answer 1

Rs.22000

Explanation:

Given data

Naveen earns Rs 55,000 per month

He spends 3/5 of his income every month

Let us find the amount he spends

=3/5*55,000

=165000/5

=Rs.33000

Hence the savings is

= 55,000-33000

=Rs.22000