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A person who spends 20 percent of his income is able to save Dollar 1500 per month. Find his expenses in (Dollar)

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375 $

450$

230$

320$

answer is A.

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Detailed Solution

To determine the person's monthly expenses, we start by noting that they save Dollar1,500 per month, which represents 80% of their income. This implies that their total monthly income is:

Dollar1,500 ÷ 0.80 = Dollar1,875

Since they spend 20% of their income, their monthly expenses amount to:

Dollar1,875 × 0.20 = Dollar375

Therefore, the correct option is Dollar375.

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