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Mr Walia saves 36% of his monthly salary...

Mr Walia saves 36% of his monthly salary every month. In how many months will he save Rs 72000, if he earns Rs 25000 per month?

A

9

B

7

C

6

D

8

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to determine how many months Mr. Walia will take to save Rs 72,000 if he saves 36% of his monthly salary of Rs 25,000. ### Step-by-Step Solution: 1. **Calculate Mr. Walia's monthly savings:** - Mr. Walia saves 36% of his monthly salary. - Monthly salary = Rs 25,000. - Monthly savings = 36% of 25,000. - To calculate 36% of 25,000, we convert the percentage to a decimal: \[ 36\% = \frac{36}{100} = 0.36 \] - Now, calculate the savings: \[ \text{Monthly savings} = 0.36 \times 25000 = 9000 \] - So, Mr. Walia saves Rs 9,000 every month. 2. **Determine how many months it will take to save Rs 72,000:** - We need to find the number of months (let's call it \( x \)) required to save Rs 72,000. - We can set up the equation: \[ 9000 \times x = 72000 \] - Now, solve for \( x \): \[ x = \frac{72000}{9000} \] - Simplifying the right side: \[ x = 8 \] 3. **Conclusion:** - Mr. Walia will take **8 months** to save Rs 72,000.
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