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Richa invests in mutual funds a sum of Rs. 5,59,968, which is 19% of her annual income. What is her monthly income?

Richa invests in mutual funds a sum of Rs. 5,59,968, which is 19% of her annual income. What is her monthly income? Correct Answer Rs. 2,45,600

Given

Richa invests 5,59,968 in mutual fund. Which is 19% of annual income of Richa

Calculation

Let annual income income of Richa be 100%

∴ 19% = Rs.5,59,968

⇒ 100% = Rs.2,947,200

⇒  monthly income of Richa = Rs.2947200/12

⇒ Rs.2,45,600

 

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