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A father gives 1% of his monthly salary ...

A father gives 1% of his monthly salary to his two sons as pocket money. The elder son gets 80% of the total amount given to the two sons and he spends 80% of his share. If he saves 20 every month, then the monthly salary of the father is

A

10000

B

11500

C

12500

D

12000

Text Solution

AI Generated Solution

The correct Answer is:
To find the father's monthly salary based on the information provided, we can break down the problem step by step. ### Step-by-Step Solution: 1. **Assume the Monthly Salary**: Let the father's monthly salary be \( x \). 2. **Calculate the Total Pocket Money**: The father gives 1% of his monthly salary as pocket money to his two sons. \[ \text{Total Pocket Money} = \frac{1}{100} \times x = \frac{x}{100} \] 3. **Calculate the Elder Son's Share**: The elder son receives 80% of the total pocket money. \[ \text{Elder Son's Share} = 80\% \text{ of } \frac{x}{100} = \frac{80}{100} \times \frac{x}{100} = \frac{80x}{10000} \] 4. **Calculate the Elder Son's Expenditure**: The elder son spends 80% of his share. \[ \text{Elder Son's Expenditure} = 80\% \text{ of } \frac{80x}{10000} = \frac{80}{100} \times \frac{80x}{10000} = \frac{6400x}{1000000} = \frac{64x}{10000} \] 5. **Calculate the Elder Son's Savings**: The elder son saves the remaining amount after his expenditure. \[ \text{Elder Son's Savings} = \text{Elder Son's Share} - \text{Elder Son's Expenditure} \] \[ = \frac{80x}{10000} - \frac{64x}{10000} = \frac{16x}{10000} \] 6. **Set Up the Equation**: According to the problem, the elder son saves 20 every month. \[ \frac{16x}{10000} = 20 \] 7. **Solve for \( x \)**: Multiply both sides by 10000 to eliminate the fraction: \[ 16x = 20 \times 10000 \] \[ 16x = 200000 \] Now, divide both sides by 16: \[ x = \frac{200000}{16} = 12500 \] 8. **Final Answer**: The father's monthly salary is \( \text{Rs. } 12500 \).
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