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Renu spends 4/5 of her income on househo...

Renu spends `4/5` of her income on household expenses. Her monthly income is Rs 30000. How much does she save every month?

A

Rs 4000

B

Rs 5000

C

Rs 6000

D

Rs 7000

Text Solution

AI Generated Solution

The correct Answer is:
To find out how much Renu saves every month, we can follow these steps: ### Step 1: Calculate Renu's monthly expenses Renu spends \( \frac{4}{5} \) of her income on household expenses. Her total monthly income is Rs 30,000. To find her expenses, we calculate: \[ \text{Expenses} = \frac{4}{5} \times \text{Income} \] Substituting the income: \[ \text{Expenses} = \frac{4}{5} \times 30000 \] ### Step 2: Perform the multiplication Now, we perform the multiplication: \[ \text{Expenses} = \frac{4 \times 30000}{5} = \frac{120000}{5} = 24000 \] So, Renu spends Rs 24,000 on household expenses. ### Step 3: Calculate Renu's savings To find out how much Renu saves, we subtract her expenses from her total income: \[ \text{Savings} = \text{Income} - \text{Expenses} \] Substituting the values: \[ \text{Savings} = 30000 - 24000 \] ### Step 4: Perform the subtraction Now, we perform the subtraction: \[ \text{Savings} = 6000 \] Thus, Renu saves Rs 6,000 every month. ### Final Answer Renu saves Rs 6,000 every month. ---
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