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A man spends his three months income in four month time. If his monthly income is Rs. 1000 then his annual savings is ?
Answer & Solution
Correct Answer:
Option
A
According to the question,
Annual income
= 1000 × 12
= Rs. 12000
Annual expenditure
= 1000 × 9
= Rs. 9000
Savings
= 12000 - 9000
= Rs. 3000
Annual income
= 1000 × 12
= Rs. 12000
Annual expenditure
= 1000 × 9
= Rs. 9000
Savings
= 12000 - 9000
= Rs. 3000
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