Riaz spent 20% of his income on taxes and 20% of the remainder on rent . What percent of his income has he spent on rent ?
Riaz spent 20% of his income on taxes and 20% of the remainder on rent . What percent of his income has he spent on rent ? Correct Answer 16
Lets, Riaz income = 100 tk If he give tax 20% of his income then = 100×20% = 100× 20/100 = 20 tk Remain Riaz income = (100 - 20)tk = 80 tk Then he spent 20% of his remaining income then = 80×20% = 80×20/100 = 16 tk % of Riaz income = (16×100)/100 = 16%