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Veena spends 25% of her monthly income on household expenses. Her annual income is ₹ 4.32 lakh. What is the total amount that Veena spends on household expenses in 8 months together ?
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- ₹ 74000
- ₹ 71000
- ₹ 73000
- ₹ 72000
- None of the above
Correct Option: D
Annual household expenses
= ₹ (25% of 4.32 x 105)
= ₹ (25/100) x 4.32 x 105
= ₹ ( 25 x 4.32 x 103)
∴ Household expenses for 8 months
= ₹ [(25 x 4.32)/(12 x 8)] x 103)
= ₹ 72000
