Give stream of consciousness and then the final answer. A person spends 40% of his salary on food, 25% on house rent, 15% on entertainment and 15% on conveyance. If his savings at the end of the month is Rs. 1200, then his salary per month in rupees is:\nOptions:\n(A) 4000\n(B) 24000\n(C) 8000\n(D) 10000\n(E) None of these
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Total expenditure = 40 + 25 + 15 + 15 = 95%\nSaving = (100 - 95) = 5%\n5/100 × Salary = 1200, Salary = 24000 Rs.
The final answer: (B).
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