Sohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children's education and 16% on recreation. He deposits the remaining amount of Rs.504 in bank, How much total amount does he spend on food and insurance policy together?
Correct Answer: Description for Correct answer:
Let total amount be Rs.x.
Total expenditure = (23 + 33 + 19 + 16)%
of x = 91% of X
Remaining money
= (100 - 91)% of x = 9% of x
According to the question,
9% of x = 504
Therefore, x = \( \Large \frac{504}{9} \times 100 \) = Rs.5600
Now, total money (food + insurance)%
= (23 + 33)% of x = 56% of x = 56% of 5600
= \( \Large \frac{56}{100} \times 5600 \) = Rs.3136
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