Question
Download Solution PDFMr. Kumar spend 20% of his income on food, 18% on luxurious items, 6% on mobile recharge. He donates 4% his income to the trust. If he spent Rs. 3,600 on luxurious items, then find his saving.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Spend on food = 20%
Spend on luxurious items = 18%
Spend on mobile recharge = 6%
Donates in trust = 4%
Concept used:
Saving = Total amount – Total expenditure
Calculations:
Let total income of Mr. Kumar be x
Spend on food = x × 20 / 100 = x / 5
Spend on luxurious items = x × 18 / 100 = 9x / 50
Spend on mobile recharge = x × 6 / 100 = 3x / 50
Donate in trust = x × 4 / 100 = x / 25
Total expenditure = (x / 5) + (9x / 50) + (3x / 50) + (x / 25)
⇒ (20x + 18x + 6x + 4x) / 100
⇒ 48x / 100
Total saving = x – 48x / 100
⇒ 52x / 100 = 26x / 50
Spend on Luxurious items = Rs. 3,600
⇒ 9x / 50 = 3,600
⇒ x = 20,000
Total saving = 26x / 50
⇒ (26 × 20,000) / 50 = 10,400
∴ Total saving of Mr. Kumar is Rs. 10,400
Let total income of Mr. Kumar be 100
Total expenditure = 20 + 18 + 6 + 4 = 48
Total saving = 100 – 48 = 52
Spend on luxurious items = Rs. 3,600
18 = 3,600
52 = ?
Total saving = (3600 / 18) × 52 = 10,400
∴ Total saving of Mr. Kumar is Rs. 10,400Last updated on Jul 14, 2025
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