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Ramesh spends 40% of his monthly salary on food, 18% on house rent, 12% on entertainment, and 5% on conveyance. But due to a family function, he has to borrow Rs. 16,000 from a money lender to meet the expenses of Rs. 20,000. His monthly salary is:
Answer & Solution
Correct Answer:
Option
C
Let monthly salary = 100x
Total expenditure = (40 + 18 + 12 + 5)x = 75x
25x = 20,000 - 16,000
x $$ = \frac{{4000}}{{25}} = 160$$
Hence monthly salary = 100x = 100 × 160 = 16,000
Total expenditure = (40 + 18 + 12 + 5)x = 75x
25x = 20,000 - 16,000
x $$ = \frac{{4000}}{{25}} = 160$$
Hence monthly salary = 100x = 100 × 160 = 16,000
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