A man spends 40% of his income for food, 15% for clothes and 20% for house rent and saves the rest. What is the percentage of his saving? If his income is Rs. 34,400, find the amount of his savings.
Given income of the man is Rs. 34,400
He spends 40% for food, 15% for clothes and 20% for house rent and saves the remaining of his income.
Savings = 100 – 40 – 15 – 20 = 25%
He saves 25% of his income
That means he saves
th of his income.
⇒
= 8,600
He saves 8,600 which is 25% of his income.
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