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Shiva gives 20% of her monthly salary to his mother, 50% of the remaining salary he invests in an insurance scheme and PPF in the respectiv…

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Shiva gives 20% of her monthly salary to his mother, 50% of the remaining salary he invests in an insurance scheme and PPF in the respective ratio of 5 : 3 and the remaining he keeps in his bank account. If the sum of the amount he gives to his mother and that he invests in PPF is Rs.12,600/, how much is Shiva?s monthly salary ?
  • ARs. 36,000/-
  • BRs. 64,000/-
  • CRs. 42,000/-
  • DRs. 40,000/-
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Solution
Shiva gave 20% of her monthly salary to her mother.Remaining is 80%
50% of 80% was invested in insurance and PPF in the ratio of 5:3
PPF = $\frac{3}{8} \times $ 40% of salary
Insurance scheme = $\frac{5}{8} \times $ 40% of salary
Remaining 40% of 65% was put in Bank account.
20% of his monthly salary and $\frac{3}{8} \times$ 40% of salary= 35% of his salary = 12600
Let his monthly salary be Rs.X
35% of X =12600
X = Rs. 36,000
Option A is the nearest answer.
0
CCommunity
Solution
Shiva gave 20% of her monthly salary to her mother.Remaining is 80%
50% of 80% was invested in insurance and PPF in the ratio of 5:3
PPF = $\frac{3}{8} \times $ 40% of salary
Insurance scheme = $\frac{5}{8} \times $ 40% of salary
Remaining 40% of 65% was put in Bank account.
20% of his monthly salary and $\frac{3}{8} \times$ 40% of salary= 35% of his salary = 12600
Let his monthly salary be Rs.X
35% of X =12600
X = Rs. 36,000
Option A is the nearest answer.