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Sohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children?s education and 16% on recreation. He deposits…

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Sohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children?s education and 16% on recreation. He deposits the remaining amount of Rs.504 in bank. How much total amount did he spend on food and insurance policy together ?

ARs. 3,200
BRs. 3,126
CRs. 3,136
DRs. 3,048

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Discussion 1

CCommunity15 May 2019

Solution
Let the total amount be Rs. 'T'
Savings percent = [100 - (23 + 33 + 19 + 16 )]% = 9 %
Given , 9% of T = 504
=> T= 504 * (100/9) = 5600
Expenditure on food and insurance policy together = 56% of 5600
= Rs. $\frac{56}{100}$*5600
=Rs. 3136