Akhilesh's monthly income is three-fifth of Ritesh's monthly income. Ritesh's monthly income Rs 32,000/-. What is Akhilesh's annual income?

Options

A. Rs 2.016 lakh
B. Rs 3.4014 lakh
C. Rs 2.304 lakh
D. Rs 3.2014 lakh

Answer

To solve the problem step by step, we need to find Akhilesh's annual income based on the information given about Ritesh's income.

### Step 1: Identify Ritesh's Monthly Income
Ritesh's monthly income is given as Rs 32,000.

### Step 2: Calculate Akhilesh's Monthly Income
Akhilesh's monthly income is three-fifths of Ritesh's monthly income. We can calculate this as follows:

\[ \text{Akhilesh's Monthly Income} = \frac{3}{5} \times \text{Ritesh's Monthly Income} \]

Substituting Ritesh's income:

\[ \text{Akhilesh's Monthly Income} = \frac{3}{5} \times 32,000 \]

### Step 3: Perform the Calculation
Now, we perform the multiplication:

\[ \text{Akhilesh's Monthly Income} = \frac{3 \times 32,000}{5} = \frac{96,000}{5} = 19,200 \]

So, Akhilesh's monthly income is Rs 19,200.

### Step 4: Calculate Akhilesh's Annual Income
To find Akhilesh's annual income, we multiply his monthly income by 12 (the number of months in a year):

\[ \text{Akhilesh's Annual Income} = \text{Akhilesh's Monthly Income} \times 12 \]

Substituting the monthly income we found:

\[ \text{Akhilesh's Annual Income} = 19,200 \times 12 \]

### Step 5: Perform the Final Calculation
Now, we perform the multiplication:

\[ \text{Akhilesh's Annual Income} = 230,400 \]

Thus, Akhilesh's annual income is Rs 230,400.

### Summary of Steps
1. Identify Ritesh's monthly income.
2. Calculate Akhilesh's monthly income as three-fifths of Ritesh's income.
3. Perform the multiplication to find Akhilesh's monthly income.
4. Calculate Akhilesh's annual income by multiplying his monthly income by 12.
5. Perform the final multiplication to find the annual income.