Rohit donates 15% of his monthly income to charity funds. The remaining income is spent in the following manner: 35% on food, 20% on rent, 17% on bills, 8% on clothing, and the remaining is kept as savings. If the amount saved each month is Rs 14,620, the What is Rohit’s monthly income?

Option
a) Rs 86,000
b) Rs 73,100
c) Rs 75,300
d) Rs 82,000

Solution

Donates 15%
Remaining income = 100 -15 = 85%
Food =35 %, rent = 20 %, bills = 17%, Clothing = 8 %
Total = 80%
80 % of 85 = \frac {85\times80}{100} = 68.0 %
Total Expenses = 15 + 68 = 83

saving = 100 – 83 = 17 %
17% = 14620
Total Salary (100%) = \frac {14620\times100}{17}
= 86, 000

Answer: Rs 86, 000

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