Sonali invests 15% of her monthly salary in insurance policies. She spends 55% of her monthly salary in shopping and on household expenses. She saves the remaining amount at Rs.12750. What is Sonali's monthly income?
A) Rs.42500
B) Rs.38800
C) Rs.40000
D) Rs.35500
Correct Answer:
A) Rs.42500
Description for Correct answer:
Total salary spent on insurance, shopping and household expenses = 15 + 55 = 70% Therefore, Saving = 100 - 70 = 30 %