Question : A man spends 15% of his income. If his expenditure is Rs. 75, then his income (in Rs.) is:
Option 1: 400
Option 2: 300
Option 3: 750
Option 4: 500
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Correct Answer: 500
Solution :
Given: A man spends 15% of his income and his expenditure is Rs. 75.
Here, 15% is equivalent to Rs. 75.
So, 100% is equivalent to $\frac{75×100}{15}$ = Rs. 500
$\therefore$ His income is Rs. 500.
Hence, the correct answer is 500.
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