Question Details

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.

Options

A

1,17,000

B

1,56,000

C

1,30,000

D

1,43,000

Show Answer

Correct Answer :

Option D

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

Total monthly expenses = 4500 + 1500 = 6000

Step 3: Calculate his monthly savings
Monthly savings = Monthly salary - Total monthly expenses

Monthly savings = 19000 - 6000 = 13000

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

Total yearly savings = 13000 × 11 = 1,43,000

Thus, Anwar's total savings in a year is ₹1,43,000.

Unlock Our Free Library

Access expert-curated educational resources and study materials—completely free.

Discover more resources

You may also like

Mock Tests

View All
  • CTET
  • intermediate
  • No time limit
  • child development and pedagogy, mathematics, social science

  • SSC
  • intermediate
  • 2 hours and 30 mins
  • child development and pedagogy, mathematics, social science

Ask AI Tutor
5 left
Q1 View Question & Options
AI Tutor is solving this question...
Reading question context & options...