Veena spends 25% of her monthly income on household expenses. Her annual income is ₹ 4.32 lakh. What is the total amount that Veena spends on household expenses in 8 months together?
Correct Answer: ₹ 72000
Explanation:
Annual household expenses
= ₹ (25% of 4.32 x 105)
= ₹ (25/100) x 4.32 x 105
= ₹ ( 25 x 4.32 x 103) ∴ Household expenses for 8 months
= ₹ [(25 x 4.32)/(12 x 8)] x 103)
= ₹ 72000
