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Ram spends 50% of his montly income on h...

Ram spends 50% of his montly income on household items , 20% of his monthly income on buying clothes , 5% of his monthly income on medicines and savs remaining Rs. 11,250. What is Ram's monthly income ?

A

Rs. 38,200

B

Rs. 34,000

C

Rs. 41,600

D

Rs. 45,000

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The correct Answer is:
To find Ram's monthly income based on the information provided, we can follow these steps: ### Step 1: Define Ram's Monthly Income Let's assume Ram's monthly income is represented as \( x \). ### Step 2: Calculate Expenditures According to the problem: - Ram spends 50% of his income on household items: \( 0.5x \) - He spends 20% of his income on clothes: \( 0.2x \) - He spends 5% of his income on medicines: \( 0.05x \) ### Step 3: Calculate Total Expenditure Now, we can calculate the total expenditure: \[ \text{Total Expenditure} = 0.5x + 0.2x + 0.05x \] Combining these: \[ \text{Total Expenditure} = (0.5 + 0.2 + 0.05)x = 0.75x \] ### Step 4: Calculate Savings According to the problem, Ram saves the remaining amount, which is given as Rs. 11,250. Therefore, we can express his savings as: \[ \text{Savings} = x - \text{Total Expenditure} \] Substituting the total expenditure: \[ \text{Savings} = x - 0.75x = 0.25x \] ### Step 5: Set Up the Equation We know from the problem that his savings amount to Rs. 11,250: \[ 0.25x = 11,250 \] ### Step 6: Solve for \( x \) To find \( x \), we can rearrange the equation: \[ x = \frac{11,250}{0.25} \] Calculating this gives: \[ x = 11,250 \times 4 = 45,000 \] ### Conclusion Thus, Ram's monthly income is Rs. 45,000. ---

To find Ram's monthly income based on the information provided, we can follow these steps: ### Step 1: Define Ram's Monthly Income Let's assume Ram's monthly income is represented as \( x \). ### Step 2: Calculate Expenditures According to the problem: - Ram spends 50% of his income on household items: \( 0.5x \) ...
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