Virat earns Rs. 24000 every month. If he spends Rs. 5000 on rent, Rs.

1.	Virat earns Rs. 24000 every month. If he spends Rs. 5000 on rent, Rs. 4000 on food, Rs. 3000 on household items, and the remaining amount is divided in the ratio 5 ∶ 1 between his savings and charity, find the percentage of the total amount he spends for charity every month.1. 12.52. 16.673. 8.334. 205. 5
Answer» Correct Answer - Option 3 : 8.33 Given: Total monthly income of Virat = Rs. 24000 Total amount spent on rent every month = Rs. 5000 Total amount spent on food every month = Rs. 4000 Total amount spent on household items every month = Rs. 3000 The ratio of remaining amount divided between his savings and charity = 5 ∶ 1 Formula Used: Savings = Income – Expenditure The ratio of two numbers Percentage of total amount spent on charity = (Amount spent on charity / Total amount spent) × 100 Calculation: The remaining amount after spending on rent, food, and household items is obtained as: 24000 – (5000 + 4000 + 3000) = 12000 Hence, we can obtain the amount spent for charity every month as: (1/6) × 12000 = 2000 We can obtain the percentage of the total amount he spends on charity as: (2000/24000) × 100 = 8.33 ∴ The percentage of the total amount he spends for charity every month is 8.33%

Virat earns Rs. 24000 every month. If he spends Rs. 5000 on rent, Rs. 4000 on food, Rs. 3000 on household items, and the remaining amount is divided in the ratio 5 ∶ 1 between his savings and charity, find the percentage of the total amount he spends for charity every month.1. 12.52. 16.673. 8.334. 205. 5

Answer» Correct Answer - Option 3 : 8.33

Given:

Total monthly income of Virat = Rs. 24000

Total amount spent on rent every month = Rs. 5000

Total amount spent on food every month = Rs. 4000

Total amount spent on household items every month = Rs. 3000

The ratio of remaining amount divided between his savings and charity = 5 ∶ 1

Formula Used:

Savings = Income – Expenditure

The ratio of two numbers

Percentage of total amount spent on charity = (Amount spent on charity / Total amount spent)

× 100

Calculation:

The remaining amount after spending on rent, food, and household items is obtained as:

24000 – (5000 + 4000 + 3000) = 12000

Hence, we can obtain the amount spent for charity every month as:

(1/6) × 12000 = 2000

We can obtain the percentage of the total amount he spends on charity as:

(2000/24000) × 100 = 8.33

∴ The percentage of the total amount he spends for charity every month is 8.33%