A person who spends 66 frac{2}{3} % of his in | vedclass

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(B) Let the total monthly income be $I$.Given that the person spends $66 \frac{2}{3} \%$ of his income.Therefore,the savings percentage is $100 \% - 6

Vedclass · Accepted Answer

$2400$

Vedclass · Answer

(B) Let the total monthly income be $I$.Given that the person spends $66 \frac{2}{3} \%$ of his income.Therefore,the savings percentage is $100 \% - 66 \frac{2}{3} \% = 33 \frac{1}{3} \%$.We know that $33 \frac{1}{3} \% = \frac{100}{3} \% = \frac{1}{3}$ of the income.Given that the savings amount is $₹ 1200$.So,$\frac{1}{3} 	imes I = 1200$,which implies $I = 1200 	imes 3 = ₹ 3600$.The monthly expenses are $66 \frac{2}{3} \%$ of the income.Expenses $= \frac{2}{3} 	imes 3600 = 2 	imes 1200 = ₹ 2400$.

$A$ person who spends $66 \frac{2}{3} \%$ of his income is able to save $₹ 1200$ per month. His monthly expenses (in $₹$) are

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