Question : Raju spends 10% and 20% of his income on transport and food respectively. He spends 30% of the remaining income on clothing. He saves the rest of his income. If his saving is INR 26,460, then what will be the total expenditure on food and clothing together?
Option 1: INR 26,420
Option 2: INR 24,480
Option 3: INR 22,140
Option 4: INR 23,440
Correct Answer: INR 22,140
Solution :
Given: Raju spends 10% and 20% of his income on transport and food respectively. He spends 30% of the remaining income on clothing.
Let Raju's income be INR
The transportation costs = 10% of
The food costs = 20% of
The income left over =
The clothing expenses = 30% of
The income left over =
His savings account for
⇒
⇒
The entire cost of clothes and food =
⇒
Hence, the correct answer is INR 22,140.
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