Question : A man spends Rs. 2,300 monthly on average for the first four months and Rs. 1,800 monthly for the next eight months and saves Rs. 12,400 a year. Find his monthly income.
Option 1: Rs. 3,000
Option 2: Rs. 2,400
Option 3: Rs. 2,200
Option 4: Rs. 2,100
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: Rs. 3,000
Solution :
Given,
Average monthly expenditure for the first 4 months = Rs. 2,300
$\therefore$ Total expenditure for the first 4 months = 4 × 2,300 = Rs. 9,200
Average monthly expenditure for the next 8 months = Rs. 1,800
$\therefore$ Total expenditure for the next 8 months = 8 × 1,800 = Rs. 14,400
Annual savings = Rs. 12,400
$\therefore$ Total expenditure for the year = 9,200 + 14,400 = Rs. 23,600
So, Monthly income
= $\frac{\text{Total expenditure + Annual savings}}{12}$
= $\frac{23600 + 12400}{12}$
= $\frac{36000}{12}$
= Rs. 3,000
Hence, the correct answer is Rs. 3,000.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
