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Last year, Mamu’s annual income was Rs 3,68,750, out of which, he spent ₹1,47,000. How much money did Mamu save last year?

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Rs 2,21,750

Rs 2,12,750

Rs 2,12,570

Rs 2,21,570

answer is A.

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Detailed Solution

Mamu’s annual income = Rs 3,68,750

Total money spent by Mamu in that particular year = Rs 1,47,000

Thus, his saving in that particular year = Rs 3,68,750 – Rs 1,47,000

3,68,750 – 1,47,000 = 2,21,750

Thus, Mamu saved a total of Rs 2,21,750 out of his income last year.

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