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Anand saves 55% of his income. If his in...

Anand saves 55% of his income. If his income is Rs. 11000, then find his expenditure (in Rs.)

A

6050

B

7450

C

4950

D

3550

Text Solution

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The correct Answer is:
To find Anand's expenditure based on his income and savings, we can follow these steps: ### Step-by-Step Solution: 1. **Identify Anand's Income**: - Anand's income is given as Rs. 11,000. 2. **Identify the Saving Percentage**: - Anand saves 55% of his income. 3. **Calculate the Expenditure Percentage**: - The total percentage is 100%. - To find the expenditure percentage, subtract the saving percentage from the total percentage: \[ \text{Expenditure Percentage} = 100\% - 55\% = 45\% \] 4. **Calculate the Expenditure**: - To find the expenditure in rupees, multiply the income by the expenditure percentage (expressed as a fraction): \[ \text{Expenditure} = \text{Income} \times \left(\frac{\text{Expenditure Percentage}}{100}\right) \] - Plugging in the values: \[ \text{Expenditure} = 11000 \times \left(\frac{45}{100}\right) \] - Simplifying this: \[ \text{Expenditure} = 11000 \times 0.45 = 4950 \] 5. **Final Answer**: - Therefore, Anand's expenditure is Rs. 4,950.

To find Anand's expenditure based on his income and savings, we can follow these steps: ### Step-by-Step Solution: 1. **Identify Anand's Income**: - Anand's income is given as Rs. 11,000. 2. **Identify the Saving Percentage**: ...
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