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Mr. Giridhar spends 50% of his monthly i...

Mr. Giridhar spends `50%` of his monthly income on household items and out of the remaining he spends `50%` on transport, `25%` on entertainment, `10%` on sports and remaining amount of Rs. 900 is saved. What is Mr. Giridhar's monthly income?

A

Rs. 6000

B

Rs. 12000

C

Rs. 9000

D

Cannot be determined

Text Solution

AI Generated Solution

The correct Answer is:
To find Mr. Giridhar's monthly income, we can follow these steps: ### Step 1: Define the Monthly Income Let Mr. Giridhar's monthly income be \( x \) rupees. ### Step 2: Calculate the Amount Spent on Household Items Mr. Giridhar spends 50% of his income on household items. Therefore, the amount spent on household items is: \[ \text{Amount spent on household items} = \frac{50}{100} \times x = 0.5x \] ### Step 3: Calculate the Remaining Amount After Household Expenses After spending on household items, the remaining amount is: \[ \text{Remaining amount} = x - 0.5x = 0.5x \] ### Step 4: Calculate the Amount Spent on Other Expenses Out of the remaining amount, Mr. Giridhar spends: - 50% on transport - 25% on entertainment - 10% on sports Total percentage spent on transport, entertainment, and sports is: \[ 50\% + 25\% + 10\% = 85\% \] Thus, the amount spent on these three categories is: \[ \text{Amount spent on transport, entertainment, and sports} = \frac{85}{100} \times 0.5x = 0.425x \] ### Step 5: Calculate the Remaining Amount After All Expenses The remaining amount after all expenses is: \[ \text{Remaining amount} = 0.5x - 0.425x = 0.075x \] ### Step 6: Set Up the Equation with the Saved Amount According to the problem, the remaining amount is Rs. 900. Therefore, we can set up the equation: \[ 0.075x = 900 \] ### Step 7: Solve for \( x \) To find \( x \), we divide both sides by 0.075: \[ x = \frac{900}{0.075} \] Calculating the right-hand side: \[ x = 12000 \] ### Conclusion Mr. Giridhar's monthly income is Rs. 12,000. ---
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