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In the month of April, Ramu spent Rs 6,0...

In the month of April, Ramu spent Rs 6,000 on paying electircity bill, Rs 750 on paying water bill, Rs 2,500 on paying telephone bill and Rs 300 on paying cable bill. If after paying all these bills he is left with `60%` of his monthly salary, what is Ramu’s annual salary ?

A

Rs 1,71,900

B

Rs 1,70,700

C

Rs 1,86,500

D

Rs 1,63,000

Text Solution

AI Generated Solution

The correct Answer is:
To find Ramu's annual salary based on his expenditures and savings, we can follow these steps: ### Step 1: Calculate Total Expenditure Ramu's total expenditure for the month of April includes: - Electricity bill: Rs. 6,000 - Water bill: Rs. 750 - Telephone bill: Rs. 2,500 - Cable bill: Rs. 300 Total Expenditure = Rs. 6,000 + Rs. 750 + Rs. 2,500 + Rs. 300 **Calculation:** Total Expenditure = 6000 + 750 + 2500 + 300 = Rs. 9,550 ### Step 2: Determine the Percentage of Salary Left After paying all the bills, Ramu is left with 60% of his monthly salary. This means that the remaining amount represents 60% of his salary, while the expenditure represents 40% of his salary. ### Step 3: Set Up the Equation Let Ramu's monthly salary be denoted as S. According to the information provided: 40% of S = Total Expenditure 0.40S = Rs. 9,550 ### Step 4: Solve for Monthly Salary (S) To find S, we can rearrange the equation: S = Total Expenditure / 0.40 S = Rs. 9,550 / 0.40 **Calculation:** S = Rs. 9,550 / 0.40 = Rs. 23,875 ### Step 5: Calculate Annual Salary To find Ramu's annual salary, we multiply his monthly salary by 12 (the number of months in a year): Annual Salary = Monthly Salary * 12 Annual Salary = Rs. 23,875 * 12 **Calculation:** Annual Salary = Rs. 23,875 * 12 = Rs. 286,500 ### Final Answer Ramu's annual salary is Rs. 286,500. ---
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