Nupur invests Rs. 89856, which is 26% of her annual income, in mutual funds. What is her monthly income ?
A. Rs. 2398.50
B. Rs. 28800
C. Rs. 28990
D. Rs. 33606.25
E. None of these
Answer: Option B
Solution(By Examveda Team)
Let Nupur's annual salary be Rs. xThen, 26% of x = 89856
⇒ $$\frac{26x}{100}$$ = 89856
⇒ x = $$\frac{89856 × 100}{26}$$
⇒ x = 345600
∴ Nupur's monthly income :
= Rs. $$\frac{345600}{12}$$
= Rs. 28800
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