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Srinivas works and earns Rs. 14,500 per ...

Srinivas works and earns Rs. 14,500 per month. Out of which he saves only `20%` and spends the remaining amount on other deeds. Find the amount spent.

A

Rs. 11,500

B

Rs. 11,400

C

Rs. 11,000

D

Rs. 11,600

Text Solution

AI Generated Solution

The correct Answer is:
To find the amount that Srinivas spends, we can follow these steps: ### Step 1: Determine Srinivas's monthly salary Srinivas earns Rs. 14,500 per month. ### Step 2: Calculate the percentage of salary saved Srinivas saves 20% of his salary. ### Step 3: Calculate the amount saved To find the amount saved, we can use the formula: \[ \text{Amount Saved} = \text{Salary} \times \left(\frac{\text{Percentage Saved}}{100}\right) \] Substituting the values: \[ \text{Amount Saved} = 14,500 \times \left(\frac{20}{100}\right) = 14,500 \times 0.20 = 2,900 \] ### Step 4: Calculate the amount spent Since Srinivas spends the remaining amount after saving, we can find the amount spent by subtracting the amount saved from the total salary: \[ \text{Amount Spent} = \text{Salary} - \text{Amount Saved} \] Substituting the values: \[ \text{Amount Spent} = 14,500 - 2,900 = 11,600 \] ### Final Answer The amount spent by Srinivas is Rs. 11,600. ---
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