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Fredrick after spending 20% of his monthly salary in buying electronic goods and 10% of the monthly salary in repair work of furniture, invested 30% of the remaining amount in fixed deposits. If he was left with Rs 18,963/-, how much is his monthly salary ?
A) Rs 38,700/-
B) Rs 35,650/-
C) Rs 40,200/-
D) Rs 37,950/-
E) Rs 42,500/-
Correct answer:
A) Rs 38,700/-
Description for Correct answer:
Let the monthly salary be x
According to question,
= \( x \times \frac{70}{100} \times \frac{70}{100} = 18963 \)
x = Rs.38,700/-
Please provide the error details in above question
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