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If a man after spending 85% of the incom...

If a man after spending 85% of the income he saves Rs 4560 per month, then his monthly income is

A

Rs 32800

B

Rs 31600

C

Rs 30400

D

None of these

Text Solution

AI Generated Solution

The correct Answer is:
To find the monthly income of the man who saves Rs 4560 after spending 85% of his income, we can follow these steps: ### Step 1: Define the Monthly Income Let the monthly income be \( x \). ### Step 2: Calculate the Expenditure The man spends 85% of his income, which can be expressed as: \[ \text{Expenditure} = 0.85x \] ### Step 3: Calculate the Savings According to the problem, the savings after expenditure is Rs 4560. The savings can be calculated as: \[ \text{Savings} = \text{Income} - \text{Expenditure} \] Substituting the values we have: \[ 4560 = x - 0.85x \] ### Step 4: Simplify the Equation Now, simplify the equation: \[ 4560 = 0.15x \] ### Step 5: Solve for \( x \) To find \( x \), divide both sides by 0.15: \[ x = \frac{4560}{0.15} \] ### Step 6: Calculate the Value Now, we can calculate \( x \): \[ x = \frac{4560 \times 100}{15} = \frac{456000}{15} \] Calculating this gives: \[ x = 30400 \] ### Conclusion Thus, the monthly income of the man is Rs 30,400. ---
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