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The average monthly expenditure of a man for first 4 months is Rs. 2500 and for next 8 months is Rs.2800. If he saves Rs. 9600 during a year. Find his average monthly income.

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Rs. 3500

Rs. 3600

Rs. 3000

Rs. 4000

answer is C.

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Detailed Solution

Expenditure of 4 months is = 2500 × 4 = 10000

Expenditure of 8 months is = 2800 × 8 = 22400

Savings = 9600

Income = expenditure + savings

= 10000 + 22400 + 9600

$= \frac{42000}{12} = 3500$

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