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A man spends a part of his monthly income and saves a part of it. The ratio of his expenditure to his…

The correct choice is: Rs. 4,500 Expenditure : savings = 16 : 3, so income is \(16 + 3 = 19\) parts. Savings \(= \dfrac{3}{19} \times 28500 = 4500\). Hence the answer is Rs.…

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A man spends a part of his monthly income and saves a part of it. The ratio of his expenditure to his savings is 16 : 3. If his monthly income is Rs. 28500, what is the amount of his monthly savings?

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Correct answer B

The correct choice is: Rs. 4,500

Expenditure : savings = 16 : 3, so income is 16+3=1916 + 3 = 19 parts.

Savings =319×28500=4500= \dfrac{3}{19} \times 28500 = 4500.

Hence the answer is Rs. 4,500.

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