Richa invests in mutual funds a sum of Rs. 5,59,968, which is 19% of h

1.	Richa invests in mutual funds a sum of Rs. 5,59,968, which is 19% of her annual income. What is her monthly income?1. Rs. 4,45,6002. Rs. 2,45,6003. Rs. 3,45,6004. Rs. 1,45,600
Answer» Correct Answer - Option 2 : Rs. 2,45,600 Given Richa invests 5,59,968 in mutual fund. Which is 19% of annual income of Richa Calculation Let annual income income of Richa be 100% ∴ 19% = Rs.5,59,968 ⇒ 100% = Rs.2,947,200 ⇒ monthly income of Richa = Rs.2947200/12 ⇒ Rs.2,45,600

Richa invests in mutual funds a sum of Rs. 5,59,968, which is 19% of her annual income. What is her monthly income?1. Rs. 4,45,6002. Rs. 2,45,6003. Rs. 3,45,6004. Rs. 1,45,600

Answer» Correct Answer - Option 2 : Rs. 2,45,600

Given

Richa invests 5,59,968 in mutual fund. Which is 19% of annual income of Richa

Calculation

Let annual income income of Richa be 100%

∴ 19% = Rs.5,59,968

⇒ 100% = Rs.2,947,200

⇒ monthly income of Richa = Rs.2947200/12

⇒ Rs.2,45,600

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Richa invests in mutual funds a sum of Rs. 5,59,968, which is 19% of her annual income. What is her monthly income?1. Rs. 4,45,6002. Rs. 2,45,6003. Rs. 3,45,6004. Rs. 1,45,600

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