Question : Rohit’s income is INR 32,000. If his expenses are 30% of the total income, then what will be the savings of Rohit?
Option 1: INR 22,400
Option 2: INR 19,200
Option 3: INR 24,600
Option 4: INR 18,600
Correct Answer: INR 22,400
Solution :
Given: Rohit’s income is INR 32,000.
The expenses are 30% of the total income.
So, the expenditure = $\frac{32000×30}{100}$ = INR 9600
⇒ Savings = Income – Expenditure = 32000 – 9600 = INR 22,400
Hence, the correct answer is INR 22,400.
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