In the month of April, Ramu spent ₹ 6000 on paying electricity bil ₹ 750 on p aying water bill ₹ 2500 on paying telephone bill and ₹ 300 on paying cable bill. If after paying all these bills, he is left with 60% of his monthly salary, what is Ramu' s annual salary?
[RBI, 2015]
Explanation
Given,
Money spent on paying electricity bill =Rs 6000
Money spent on paying water bill =Rs 750
Money spent on paying telephone bill =Rs 2500
Money spent on paying cable bill =Rs 300
Total amount = Rs 9550
This is 40% of his monthly salary.
∴ Annual salary =23875×12=Rs. 286500
Hence, option C is correct.
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