A person deposits 1/16 of his income as Provident Fund and 1/15 of the remaining as insurance premium. If he spends 5/7 of the balance on domestic needs and deposits an amount of Rs. 50 in the bank, his total income would be
Choose the correct choice from the following options:
A) 150  B) 200  C) 250  D) 300  E) 350
(1-(1/16))(1-(1/15))(1-(5/7)) of Income = 50   Hence income = 200   ANSWER:200
<result>B</result>
A person deposits 1/16 of his income as Provident Fund and 1/15 of the remaining as insurance premium. If he spends 5/7 of the balance on domestic needs and deposits an amount of Rs. 50 in the bank, his total income would be