A man spends his three months income in four month time. If his monthly income is Rs. 1000 then his annual savings is ?

A. Rs. 3000

B. Rs. 9000

C. Rs. 4000

D. Rs. 6000

Answer: Option A

Solution(By Examveda Team)

According to the question,
Annual income
= 1000 × 12
= Rs. 12000
Annual expenditure
= 1000 × 9
= Rs. 9000
Savings
= 12000 - 9000
= Rs. 3000