Question Details

A man spends 10% of his monthly income on shopping. From the remaining income, he spends 20% on food. After making these expenditures, he saves Rs 7200. Find his total monthly income (in Rs).

Options

A

11000

B

12000

C

10000

D

10500

Show Answer

Correct Answer :

Option C

10000

Solution :

` tags without any conversational text or JSON outside. Let's format the response carefully. ```xml 10000

The correct answer is 10000.

Step-by-step explanation:

Let the total monthly income of the man be Rs x.

Step 1: Calculate expenditure on shopping.
The man spends 10% of his monthly income on shopping.

Shopping Expenditure=10% of x=10100×x=0.10x

Step 2: Find the remaining income after shopping.

Remaining Income=x-0.10x=0.90x

Step 3: Calculate expenditure on food.
He spends 20% of the remaining income on food.

Food Expenditure=20% of 0.90x=20100×0.90x=0.18x

Step 4: Find the final savings fraction.
The amount saved after spending on food is the remaining 80% of the leftover income, or total remaining income minus food expenditure.

Savings=0.90x-0.18x=0.72x

Step 5: Equate savings to the given value and solve for x.
According to the problem, the savings equal Rs 7200.

0.72x=7200

x=72000.72

x=10000

Thus, his total monthly income is Rs 10,000.

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