Question : A person spent 12% of his salary on groceries, 8% on medicines, and 20% on children's school fees and he had a balance of INR 36,000. Find his salary.
Option 1: INR 56,000
Option 2: INR 54,000
Option 3: INR 60,000
Option 4: INR 66,000
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Correct Answer: INR 60,000
Solution :
Let the salary of the man be $x$.
According to the question,
The person spent 12% on groceries, 8% on medicines, and 20% on children's school fees.
⇒ The remaining balance is 100% − (12% + 8% + 20%) = 60% of his salary.
This remaining balance is given as INR 36,000.
⇒ 60% of the salary $x$ = INR 36,000
⇒ $0.6x=36,000$
⇒ $x=\frac{36,000}{0.6}$
$\therefore x=60000$
Hence, the correct answer is INR 60,000.
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