Mohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much amount does he spend on food and insurance policy together?

Question

Accepted Answer

Let total amount = Rs. P

Total expenditure = (23 + 33 + 19 + 16)% of P = 91%ofP

Remaining money = (100 - 91)% of P = 9% of P

But given in the question that,

9% of P = 504

9p/100 = 504

=> P = 50400/9

=> P = Rs. 5600

Required money spent on Food & Insurance = 23 + 33 %

= 56% of 5600

= 56 x 5600/100 = 56 x 56 = Rs. 3136

Mohan spends 23% of an amount of money on an insurance policy, 33% on food, 19% on children’s education and 16% on recreation. He deposits the remaining amount of Rs. 504 in bank. How much amount does he spend on food and insurance policy together?

More Questions from Percentage

Discussion & Comments