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24% of Amit's monthly income is equal to...

24% of Amit's monthly income is equal to Sumeet s monthly income. Amit s monthly income is Rs. 3200/. What is Sumeet's annual income?

A

Rs. 9216/-

B

Rs. 9800/-

C

Rs. 1,06,00

D

Rs. 81,000/-

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to find Sumeet's annual income based on the information given about Amit's monthly income. ### Step 1: Identify Amit's Monthly Income Amit's monthly income is given as Rs. 3200. ### Step 2: Calculate 24% of Amit's Monthly Income To find Sumeet's monthly income, we need to calculate 24% of Amit's monthly income. \[ \text{Sumeet's Monthly Income} = 24\% \text{ of Amit's Monthly Income} = \frac{24}{100} \times 3200 \] ### Step 3: Perform the Calculation Now, we calculate: \[ \text{Sumeet's Monthly Income} = \frac{24}{100} \times 3200 = 0.24 \times 3200 = 768 \] ### Step 4: Calculate Sumeet's Annual Income To find Sumeet's annual income, we multiply his monthly income by 12 (the number of months in a year). \[ \text{Sumeet's Annual Income} = \text{Sumeet's Monthly Income} \times 12 = 768 \times 12 \] ### Step 5: Perform the Final Calculation Now, we calculate: \[ \text{Sumeet's Annual Income} = 768 \times 12 = 9216 \] ### Conclusion Sumeet's annual income is Rs. 9216. ---
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