Discussions
Select Date
Tags:
md jawad akhtar

· started a discussion

· 1 Months ago

This is just business gimmick to divert students

Question:
Directions: Ramesh spends his yearly salary on two types of expenses and saves the remaining amount. The graphical representation of his yearly salary and expenses over the four year period is given below.



Salary = Total Expenses + Savings 
 Total Expenses = Regular Household Expenses + Incidental Expenses 
 Savings Rate = Savings/Salary × 100
What is the approximate average monthly salary of Ramesh over the four year period?
Options:
A) Rs. 12,812
B) Rs. 10,812
C) Rs.14,812
D) Rs. 16,812
Solution:

Average annual salary =\(\cfrac{150 + 155+ 140 + 170}{4}\)     = \(\cfrac{615}{4}\) = 153.75.

So monthly salary = \(\cfrac{153750}{12}\) = 12812.5 = 12812 approx 

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
We apologise to wrong solution,
We fixed it,

Best wishes
Team TR

All Rights Reserved Top Rankers