Question
Download Solution PDFTeena spends 30% of her salary on food, 30% of the rest on fuel and saves the remaining Rs. 4,900. What is Teena's salary?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Teena spends 30% of salary on food,
30% of the rest on fuel,
Savings = Rs. 4900
Concept:
Total income = Expense + Savings
Calculation:
⇒ Salary = Rs. 4900/[1 - 0.3 - 0.3(1 - 0.3)] = Rs. 10,000
Therefore, Teena's salary is Rs. 10,000.
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