1.

The income of Anil in the month of January, February and March is Rs. 15,000, Rs. 25,000 and Rs. 20,000. The average expenses of these month is Rs. 4000. Find the average saving of these months.1. 160002. 360003. 450004. 12000

Answer» Correct Answer - Option 1 : 16000

Given

January, February and March income = Rs. 15,000; Rs. 25,000 and Rs. 20,000

Average expenses = Rs. 4,000

Formula used:

Average = Sum of all observation/Number of observation

Calculation:

Total income of January, February and March = Rs.(15,000 + 25,000 + 20,000)

⇒ Rs. 60,000

Total expenses of January, February and March = 4,000 × 3

⇒ Rs. 12,000

Saving of January, February and March = Rs.(60,000 – 12,000)

⇒ Rs. 48,000

Average saving = 48,000/3

⇒ Rs. 16,000



Discussion

No Comment Found

Related InterviewSolutions