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The average expenditure of a man for the first five month is Rs. 120 and for the next seven months it is Rs . 130. if he saves Rs 299 in that year, his monthly average income is ?
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- Rs. 140
- Rs. 150
- Rs. 160
- Rs. 170
Correct Option: B
Total income = total expenditure + total saving
= Rs. (120 X 5 + 130 X 7 + 290)
=Rs. 1800
Average monthly income
=1800 / 12
=150 Rs.