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Satish saves 10% of his monthly salary ....

Satish saves 10% of his monthly salary . And of the remaining salary `(1)/(3) th and (1)/(2)th` he gives to his mother and sister respectively and the remaining salary he submits as his EMI for the payment of his car . If his annual EMI was Rs. 50,000, then find his monthly salary ?

A

Rs. 33,000

B

Rs. 27,000

C

Rs. 32,000

D

Rs. 27,800

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The correct Answer is:
To find Satish's monthly salary based on the information provided, we can break down the problem step by step. ### Step-by-Step Solution: 1. **Assume Monthly Salary**: Let's assume Satish's monthly salary is \( S \). 2. **Calculate Savings**: Satish saves 10% of his monthly salary. Therefore, his savings can be calculated as: \[ \text{Savings} = 0.10 \times S = 0.1S \] 3. **Calculate Remaining Salary**: After saving, the remaining salary is: \[ \text{Remaining Salary} = S - \text{Savings} = S - 0.1S = 0.9S \] 4. **Distribute Remaining Salary**: Satish gives \( \frac{1}{3} \) of the remaining salary to his mother and \( \frac{1}{2} \) of the remaining salary to his sister. - Amount given to mother: \[ \text{Mother's Share} = \frac{1}{3} \times 0.9S = 0.3S \] - Amount given to sister: \[ \text{Sister's Share} = \frac{1}{2} \times 0.9S = 0.45S \] 5. **Calculate Total Amount Given Away**: The total amount given to both mother and sister is: \[ \text{Total Given Away} = 0.3S + 0.45S = 0.75S \] 6. **Calculate Remaining Amount for EMI**: The remaining amount after giving to his mother and sister is: \[ \text{Remaining for EMI} = 0.9S - 0.75S = 0.15S \] 7. **Set Up the EMI Equation**: We know that Satish's annual EMI is Rs. 50,000. Therefore, the monthly EMI is: \[ \text{Monthly EMI} = \frac{50000}{12} = 4166.67 \] This amount is equal to the remaining salary he has after giving to his mother and sister: \[ 0.15S = 4166.67 \] 8. **Solve for S**: To find \( S \), we can rearrange the equation: \[ S = \frac{4166.67}{0.15} = 27777.78 \] 9. **Final Calculation**: Rounding to the nearest whole number, Satish's monthly salary is approximately: \[ S \approx 27800 \] ### Conclusion: Satish's monthly salary is approximately Rs. 27,800.

To find Satish's monthly salary based on the information provided, we can break down the problem step by step. ### Step-by-Step Solution: 1. **Assume Monthly Salary**: Let's assume Satish's monthly salary is \( S \). 2. **Calculate Savings**: ...
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