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Mohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much amount does he spend on food and insurance policy together?5
Q: Mohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much amount does he spend on food and insurance policy together?
- 1Rs. 2326false
- 2Rs. 5876false
- 3Rs. 1741false
- 4Rs. 3136true
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Answer : 4. "Rs. 3136"
Explanation :
Answer: D) Rs. 3136 Explanation: Let total amount = Rs. P Total expenditure = (23 + 33 + 19 + 16)% of P = 91%ofP Remaining money = (100 - 91)% of P = 9% of P But given in the question that, 9% of P = 504 9p/100 = 504 => P = 50400/9 => P = Rs. 5600 Required money spent on Food & Insurance = 23 + 33 % = 56% of 5600 = 56 x 5600/100 = 56 x 56 = Rs. 3136