Out of his total income, Sam spends 35% on taxes and rent, from the remaining 40% on food and shopping. Half of the remaining he spends on his children's school fee and saves remaining which is equal to Rs.17550. Find how much amount he spent on food and shopping ?
Out of his total income, Sam spends 35% on taxes and rent, from the remaining 40% on food and shopping. Half of the remaining he spends on his children's school fee and saves remaining which is equal to Rs.17550. Find how much amount he spent on food and shopping ? Correct Answer 23400
Given:
Sam spends 35% on taxes and rent,
40% of remaining on food and shopping.
Half of the remaining he spends on his children's school fee
He saves = Rs.17550.
Concept used:
Percentage
Calculation:
Let the total income be 100x
Amount spent on taxes and rent
⇒ 35% of 100x = 35x
Amount spent on food and shopping
⇒ 40% of (100x - 35x)
⇒ 40% of 65x = 26x
Amount spent on school's fee
⇒ (65x - 26x) / 2 = 19.5x
As per the question,
⇒ 19.5x = 17550
⇒ x = 900
Amount spent on food and shopping = 26x
⇒ 26 × 900 = Rs.23400
∴ Amount spend on food and shopping = Rs. 23400