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A man saves 20% of his monthly salary. I...

A man saves 20% of his monthly salary. If an account of dearness of things he is to increase his monthly expenses by 15%, he is only able to save Rs. 400 per month. What is his monthly salary ?

A

a. 5000

B

b. 4500

C

c. 6000

D

d. 6500

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The correct Answer is:
To solve the problem step by step, we can follow these calculations: ### Step 1: Define Variables Let the monthly salary of the man be \( S \). ### Step 2: Calculate Savings According to the problem, the man saves 20% of his monthly salary. Therefore, his savings can be expressed as: \[ \text{Savings} = 0.2S \] ### Step 3: Calculate Monthly Expenses If the man saves 20% of his salary, then his monthly expenses can be calculated as: \[ \text{Expenses} = S - \text{Savings} = S - 0.2S = 0.8S \] ### Step 4: Increase in Expenses Due to the increase in the cost of living, his expenses increase by 15%. Thus, the new expenses can be calculated as: \[ \text{New Expenses} = \text{Expenses} + 0.15 \times \text{Expenses} = 0.8S + 0.15 \times 0.8S = 0.8S \times (1 + 0.15) = 0.8S \times 1.15 = 0.92S \] ### Step 5: New Savings Calculation After the increase in expenses, the man is only able to save Rs. 400 per month. Therefore, we can express his new savings as: \[ \text{New Savings} = S - \text{New Expenses} = S - 0.92S = 0.08S \] According to the problem, this is equal to Rs. 400: \[ 0.08S = 400 \] ### Step 6: Solve for Monthly Salary To find the monthly salary \( S \), we can rearrange the equation: \[ S = \frac{400}{0.08} = 5000 \] ### Final Answer The monthly salary of the man is Rs. 5000. ---

To solve the problem step by step, we can follow these calculations: ### Step 1: Define Variables Let the monthly salary of the man be \( S \). ### Step 2: Calculate Savings According to the problem, the man saves 20% of his monthly salary. Therefore, his savings can be expressed as: \[ ...
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