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?
Correct Answer: Description for Correct answer:
Let the monthly salary be Rs.x
According to question,
\( x \times \frac{70}{100} \times \frac{70}{100} = 18963 \)
\( x = Rs.38700/- \)
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