MCQ Practice

Ramesh spends 40% of his monthly salary on food, 18% on house rent, 12% on entertainment, and 5% on conveyance. But due to a family function, he has to borrow Rs. 16,000 from a money lender to meet the expenses of Rs. 20,000. His monthly salary is:

Subject: MathematicsTopic: Percentage
A

Rs. 18,000

B

Rs. 16,500

C

Rs. 16,000

D

Rs. 15,000

Correct Answer: C