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Sophia invests 25% of her monthly salary in insurance policies. She spends 15% of her monthly salary in shopping and 35% of her salary on household expenses. She saves the remaining amount of Rs. 9,050.What is Sophia's annual income ?

Sophia invests 25% of her monthly salary in insurance policies. She spends 15% of her monthly salary in shopping and 35% of her salary on household expenses. She saves the remaining amount of Rs. 9,050.What is Sophia's annual income ?
1). Rs. 84,500
2). Rs. 5, 30,000
3). Rs. 3, 25,200
4). Rs. 4, 34,400

This Question has 2 answers.

Let Sophia's monthly salary be Rs. $100x$

Sophia's % monthly expenditure $= (25 + 15 + 35)% = 75%$

Savings $% = 100 - 75 = 25%$

Acc to ques,

$\frac{25}{100} \times 100x = 9050$

$x = \frac{9050}{25} = 362$

Sophia's annual income = $12 * 100x$ = Rs. $1200x$

$= 1200 \times 362$ = Rs. $4,34,400$

= Rs. 4,34,400

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