A man saves 20% of his monthly salary. If an account of dearness of things he is to increase his monthly expenses by 10%, he is only able to save Rs. 500 per month. What is his monthly salary?
Choices
A) Rs.4500	B) Rs.4000	C) Rs.4167	D) Rs.4200	E) Rs.3000
Income = Rs. 100   Expenditure = Rs. 80   Savings = Rs. 20   Present Expenditure 80+80*(10/100) = Rs.88   Present Savings = 100 – 88 =Rs. 12   If savings is Rs. 12, salary = Rs. 100   If savings is Rs.500, salary = 100/12*500 = 4167   Answer : Rs.4167
<result>C</result>
A man saves 20% of his monthly salary. If an account of dearness of things he is to increase his monthly expenses by 10%, he is only able to save Rs. 500 per month. What is his monthly salary?