The average expenditure of a man for the first five months Rs. 1200 and for the next seven months is Rs. 1300. If he saves Rs. 2900 in that years, his monthly average income is –
A. Rs. 1600 B. Rs. 1700 C. Rs. 1400 D. Rs. 1500 Answer: Option DShow Answer
Solution(By Apex Team)
Total expenditure
= 1200 × 5 + 1300 × 7
= Rs. 15100
Total savings = Rs. 2900
Total income = Rs. 18000
Average income
$\large=\frac{18000}{12}$
= 1500
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