Mr. Das is working in a construction company. He has a family, including his wife and a daughter. His total monthly income includes a salary of Rs. 9228/- and a 10rent allowance. Due to increasing inflation, he is keeping a home budget that accounts for the income and expenses of the household. Out of his total monthly income, he spends 25% on food expenses, 18% on paying the house-rent, 9% on entertainment, 23% on the education of his child, 13% on medical expenses, and he saves 12% of his total monthly income.
How much money does Mr. Das pay as the house-rent?
Correct Answer :
Rs. 1661/-
Solution :
The correct option is Rs. 1661/-.
Step-by-step explanation:
1. Identify the given values:
Total monthly income of Mr. Das = Rs. 9228/-
Percentage of income spent on house-rent = 18%
2. Calculate the house-rent amount:
To find the total money paid as house-rent, we need to calculate 18% of the total monthly income (Rs. 9228/-).
Rounding off 1661.04 to the nearest whole number gives Rs. 1661/-.
Therefore, Mr. Das pays Rs. 1661/- as house-rent.
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