Pradip spends 40 per cent of his monthly income on food items, and 50 per cent of the remaining on clothes and conveyance. He saves one-third of the remaining amount after spending on food, clothes and conveyance. If he saves 19,200 every year,what is his monthly income? Choose the most appropriate option:
A) 24,000  B) 12,000  C) 16,000  D) 20,000  E) None of these
Food items = 40%   16,000lothes + conveyance = 1⁄2 of 60% = 30%   1⁄3 of 30% = 19,200⁄12 ⇒ 10% = 1600   ∴ 100% = 16,000   Answer 16,000
<result>C</result>
Pradip spends 40 per cent of his monthly income on food items, and 50 per cent of the remaining on clothes and conveyance. He saves one-third of the remaining amount after spending on food, clothes and conveyance. If he saves 19,200 every year,what is his monthly income?