WBCS.LIVE practice question
A man spends in 4 months what he earns in 3 months. If his annual savings is Rs. 45,000, his monthly income is
Solve this multiple-choice question and check the correct answer with its explanation below.
Answer options
Correct answer and explanation
Correct answer: Rs. 15,000
Explanation: ā Correct Answer: A) Rs. 15,000 š Explanation: If a man spends in 4 months what he earns in 3, his annual expenditure equals his earnings for 9 months. This means his annual savings are equal to his earnings for the remaining 3 months. Given that his annual savings are Rs. 45,000, his 3-month income is Rs. 45,000. Dividing this by 3 gives a monthly income of Rs. 15,000.