Saroj invests ₹ 72318, which is 17\% of her annual income, in mutual funds. What is her monthly income? (Bank Recruitment, 2009)
Answer
Answer (as printed):
Explanation
Let the annual income be ₹ $x$. Then, 17\% of $x=72318 \Rightarrow \frac{17}{100}x=72318 \Rightarrow x=\left(\frac{72318\times 100}{17}\right)=425400$. Saroj's monthly income $=₹\left(\frac{425400}{12}\right)=₹35450$.
Explanation as extracted from the printed page; notation may be imperfect.