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A man spends his three months income in four month time. If his monthly income is Rs. 1,000 then his annual savings is.
Answer & Solution
Correct Answer:
Option
A
According to the question,
Annual income = 1,000 × 12 = Rs. 12,000
Annual expenditure = 1,000 × 9 = Rs. 9,000
Savings = Rs. 12,000 - Rs. 9,000 = Rs. 3,000
Annual income = 1,000 × 12 = Rs. 12,000
Annual expenditure = 1,000 × 9 = Rs. 9,000
Savings = Rs. 12,000 - Rs. 9,000 = Rs. 3,000
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