mrs maheshwari getting rs 5000 for household expenditure from her husband.her expenditures are likely to be 20% of the total expenditures for vegetables ,10% for electricity bill,15 % for education,5% for stationary items and 20 % of the remaining for insurance and rest part she saves.calculate her annual savings.due to the rise of price the expenditure in each case raised up by 10 %.calculate the present yearly savings of mrs maheshwari.
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Please find below the solution to the asked query:
Given : Mrs Maheshwari getting Rs 5000 for household expenditure from her husband.her expenditures are likely to be 20% of the total expenditures for vegetables , So
Money spent on vegetables = 20% of 5000 = = Rs. 1000
And 10% for electricity bill , So
Money spent on electricity bill = 10% of 5000 = = Rs. 500
And 15 % for education , So
Money spent on education = 15% of 5000 = = Rs. 750
And 5% for stationary items , So
Money spent on stationary items = 5% of 5000 = = Rs. 250
Now remaining money = 5000 - 1000 - 500 - 750 - 250 = Rs. 2500
And 20 % of the remaining for insurance , So
Money spent on insurance = 20% of 2500 = = Rs. 500
And rest part she saves , So her annual savings = 2500 - 500 = Rs. 2000 ( Ans )
And due to the rise of price the expenditure in each case raised up by 10 %. So
Money spent on vegetables = 30% of 5000 = = Rs. 1500
And
Money spent on electricity bill = 20% of 5000 = = Rs. 1000
And
Money spent on education = 25% of 5000 = = Rs. 1250
And
Money spent on stationary items = 15% of 5000 = = Rs. 750
Now remaining money = 5000 - 1500 - 1000 - 1250 - 750 = Rs. 500
And 30 % of the remaining for insurance , So
Money spent on insurance = 30% of 500 = = Rs. 150
Present yearly savings of Mrs Maheshwari. = 500 - 150 = Rs. 350 ( Ans )
Hope this information will clear your doubts about topic.
If you have any more doubts just ask here on the forum and our experts will try to help you out as soon as possible.
Regards
Please find below the solution to the asked query:
Given : Mrs Maheshwari getting Rs 5000 for household expenditure from her husband.her expenditures are likely to be 20% of the total expenditures for vegetables , So
Money spent on vegetables = 20% of 5000 = = Rs. 1000
And 10% for electricity bill , So
Money spent on electricity bill = 10% of 5000 = = Rs. 500
And 15 % for education , So
Money spent on education = 15% of 5000 = = Rs. 750
And 5% for stationary items , So
Money spent on stationary items = 5% of 5000 = = Rs. 250
Now remaining money = 5000 - 1000 - 500 - 750 - 250 = Rs. 2500
And 20 % of the remaining for insurance , So
Money spent on insurance = 20% of 2500 = = Rs. 500
And rest part she saves , So her annual savings = 2500 - 500 = Rs. 2000 ( Ans )
And due to the rise of price the expenditure in each case raised up by 10 %. So
Money spent on vegetables = 30% of 5000 = = Rs. 1500
And
Money spent on electricity bill = 20% of 5000 = = Rs. 1000
And
Money spent on education = 25% of 5000 = = Rs. 1250
And
Money spent on stationary items = 15% of 5000 = = Rs. 750
Now remaining money = 5000 - 1500 - 1000 - 1250 - 750 = Rs. 500
And 30 % of the remaining for insurance , So
Money spent on insurance = 30% of 500 = = Rs. 150
Present yearly savings of Mrs Maheshwari. = 500 - 150 = Rs. 350 ( Ans )
Hope this information will clear your doubts about topic.
If you have any more doubts just ask here on the forum and our experts will try to help you out as soon as possible.
Regards