# Avg. Monthly income

A man spends Rs. 1600 per month on an average for the first three months, Rs 1550 for next four months and Rs. 1800 per month for the last five months and saves Rs . 5200 a year. What is his average monthly income?

Source: Quora

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A man spends Rs. 1600 per month on an average for the first three months, Rs 1550 for next four months and Rs. 1800 per month for the last five months and saves Rs . 5200 a year. What is his average monthly income?
Source: Quora

Rajni
Sahsah.rajni@yahoo.comAdministratorSOLVE - ΜΔΓΗŠ
Total money earned/yr = Total spent/yr + Total saved/yr

Total saved/yr = Rs. 5200

Total spent/yr = sum of all the monthly expenditures

= (1600/month * 3 month) + (1550/month * 4 month) + (1800/month * 5 month)

= 4800 + 6200 + 9000

= 20,000

Therefore, Total money earned/yr = 5200 + 20,000 = Rs. 25,200

Since the yearly income is Rs. 25,200,

Avg. monthly income = (yearly income)/12

Avg. Monthly income = Rs. 2,100