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Mr Narayana saves 20% of his salary if ...

Mr Narayana saves 20% of his salary if he receive 14500 per month as his salary find his monthly expenditure

A

12000

B

13980

C

11600

D

none of these

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these calculations: **Step 1: Identify Mr. Narayana's monthly salary.** - Mr. Narayana's monthly salary is given as ₹14,500. **Step 2: Calculate the amount saved by Mr. Narayana.** - He saves 20% of his salary. - To find 20% of ₹14,500, we use the formula: \[ \text{Savings} = \frac{20}{100} \times 14500 \] - Simplifying this: \[ \text{Savings} = 0.20 \times 14500 = 2900 \] - Therefore, Mr. Narayana saves ₹2,900. **Step 3: Calculate Mr. Narayana's monthly expenditure.** - To find the monthly expenditure, we subtract the savings from the total salary: \[ \text{Expenditure} = \text{Salary} - \text{Savings} \] - Substituting the values: \[ \text{Expenditure} = 14500 - 2900 = 11600 \] - Thus, Mr. Narayana's monthly expenditure is ₹11,600. **Final Answer:** Mr. Narayana's monthly expenditure is ₹11,600. ---
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