The average of monthly expenditure of a family was Rs. 2200 during the first 3 months; Rs. 2250 during the next 4 months and Rs. 3120 during the last 5 months of a year. If the total savings during the year were Rs. 1260, find the average monthly income of a family?
(a) Rs.2700 (b) Rs.2560 (c) Rs. 2710 (d) Rs. 2705
Question ID - 51393 | SaraNextGen Top Answer The average of monthly expenditure of a family was Rs. 2200 during the first 3 months; Rs. 2250 during the next 4 months and Rs. 3120 during the last 5 months of a year. If the total savings during the year were Rs. 1260, find the average monthly income of a family?
(a) Rs.2700 (b) Rs.2560 (c) Rs. 2710 (d) Rs. 2705
The average of monthly expenditure of a family was Rs. 2200 during the first 3 months; Rs. 2250 during the next 4 months and Rs. 3120 during the last 5 months of a year. If the total savings during the year were Rs. 1260, find the average monthly income of a family?
(a) Rs.2700 (b) Rs.2560 (c) Rs. 2710 (d) Rs. 2705
Total yearly expenditure = Rs.
= Rs.31200.
Total yearly savings = Rs.1260.
Total yearly income = Rs. (31200+1260)= Rs.32460.
Average monthly income = 