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Fredrick after spending 20% of his monthly salary in buying electronic goods and 10% of the monthly salary in repair work of furniture, invested 30% of the remaining amount in fixed deposits. If he was left with Rs. 18,963, how much is his monthly salary ?1). Rs. 38,7002). Rs. 35,6503). Rs. 40,2004). Rs. 37,950 |
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Answer» Solution Let monthly salary = Rs. $100x$ Amount spent on buying electronic goods = $\frac{20}{100} \times 100x = 20x$ Amount spent on REPAIR work = $\frac{10}{100} \times 100x = 10x$ Amount left = $100x - 20x - 10x = 70x$ Amount invested in fixed deposits = $\frac{30}{100} \times 70x = 21x$ => Amount left = $70x - 21x = 49X$ Acc to ques, => $49x = 18963$ => $x = \frac{18963}{49} = 387$ $\therefore$ Monthly salary = 100 * 387 = Rs. 38,700 |
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