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Mr.Danny spends Rs.10000 monthly on average for the first four months and Rs.12000 monthly for the next eight months and saves Rs.26000 a year. His average monthly income is
A) Rs. 12500
B) Rs. 14500
C) Rs. 13500
D) Rs.1400
Correct answer:
C) Rs. 13500
Description for Correct answer:
Total annual income
= Rs (10000 X 4 + 12000 X 8 + 26000 )
= Rs. 162000
Average monthly income = Rs \( \large \left( \frac{162000}{12} \right) \) = Rs. 13500
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