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Sapna earns Rs 24,000 per month. She spe...

Sapna earns Rs `24,000` per month. She spends `7/8` of her income and deposits rest of the `8` money in a bank. How much money does she deposit in the bank each month?

A

Rs `4000`

B

Rs `9000`

C

Rs `8000`

D

Rs `3000`

Text Solution

AI Generated Solution

The correct Answer is:
To find out how much money Sapna deposits in the bank each month, we can follow these steps: ### Step 1: Identify Sapna's total monthly income. Sapna's total monthly income is given as Rs 24,000. ### Step 2: Calculate the amount she spends. Sapna spends \( \frac{7}{8} \) of her income. To find out how much that is, we calculate: \[ \text{Amount spent} = \frac{7}{8} \times 24000 \] Calculating this: \[ = \frac{7 \times 24000}{8} \] \[ = \frac{168000}{8} \] \[ = 21000 \] So, Sapna spends Rs 21,000. ### Step 3: Calculate the amount she deposits in the bank. To find out how much money she deposits in the bank, we subtract the amount spent from her total income: \[ \text{Amount deposited} = \text{Total income} - \text{Amount spent} \] \[ = 24000 - 21000 \] \[ = 3000 \] Thus, Sapna deposits Rs 3,000 in the bank each month. ### Final Answer: Sapna deposits Rs 3,000 in the bank each month. ---
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