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A man spends ₹1800 monthly on an average for the first four months and ₹2000 monthly for the next eight months and saves ₹5600 a year. His average monthly income is
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- ₹2000
- ₹2200
- ₹2400
- ₹2600
- ₹2000
Correct Option: C
Given that , Average expenditure of a man for the first four months = ₹1800
Average expenditure of a man for the next eight months = ₹2000
His savings = ₹5600
Total expenditure of man in a year = ₹ (4 × 1800 + 8 × 2000)
Total expenditure of man in a year = ₹ (7200 + 16000) = ₹ 23200
Total annual income = ₹ (23200 + 5600) = ₹ 28800
∴ Average monthly income = 28800 ÷ 12 = ₹ 2400