Anwar’s salary is ₹19,000 per month. He spends ₹4,500 on house rent, ₹1,500 on bills and the rest of the amount is his monthly savings. Find his savings (in ₹) in a year, if in the month of his birthday, he spent his complete monthly savings for his birthday celebration.
Correct Answer :
1,43,000
Solution :
The correct option is 1,43,000.
Let's break down the problem step-by-step to find Anwar's total savings in a year.
Step 1: Calculate Anwar's monthly income and expenses
Anwar's monthly salary = ₹19,000
House rent per month = ₹4,500
Bills per month = ₹1,500
Step 2: Find his total expenses in a regular month
Total monthly expenses = House rent + Bills
Step 3: Calculate his monthly savings
Monthly savings = Monthly salary - Total monthly expenses
Step 4: Calculate total savings in a year
A year has 12 months. According to the question, in the month of his birthday, Anwar spent his complete monthly savings on his birthday celebration. Therefore, he saves money in only 11 months of the year (12 - 1 = 11 months).
Total yearly savings = Monthly savings × Number of saving months
Thus, Anwar's total savings in a year is ₹1,43,000.
Access expert-curated educational resources and study materials—completely free.
Create, conduct, and manage professional online assessments with Mindyard. Perfect for teachers and institutes.
Copyright © 2026 Mindyard. All Rights Reserved.