Atul's salary is ₹10,000 per month. He spends ₹6,000 on house rent and ₹2,500 on bills, and the rest of the amount is his monthly savings. Find his savings (in ₹) in a year, if in the month of his birthday, he spent all his monthly savings on birthday celebrations.

18,000

16,500

13,500

15,000

APEDIA

NTPC Graduate Tier 1

2025 • 05 Jun, 2025 • Shift-2

Atul's salary is ₹10,000 per month. He spends ₹6,000 on house rent and ₹2,500 on bills, and the rest of the amount is his monthly savings. Find his savings (in ₹) in a year, if in the month of his birthday, he spent all his monthly savings on birthday celebrations.

Correct Answer

16,500

Monthly Expenditure Ledger: Regular monthly outgoing = ₹6,000 (rent) + ₹2,500 (bills) = ₹8,500.Monthly Retention Rate: His base savings per month = Salary......

💡 Analysis & Explanation

Monthly Expenditure Ledger ▼

Regular monthly outgoing = ₹6,000 (rent) + ₹2,500 (bills) = ₹8,500.

Monthly Retention Rate ▼

His base savings per month = Salary (₹10,000) - Total spend (₹8,500) = ₹1,500.

Annual Constraint Analysis ▼

Because the savings of one specific month (birthday month) are entirely consumed by celebrations, he only retains savings for exactly 11 months of the year.

Final Aggregate Calculation ▼

Total yearly stored savings = 11 * 1,500 = ₹16,500.

Conclusion ▼

His net annual savings total ₹16,500.

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Atul's salary is ₹10,000 per month. He spends ₹6,000 on house rent and ₹2,500 on bills, and the rest of the amount is his monthly savings. Find his savings (in ₹) in a year, if in the month of his birthday, he spent all his monthly savings on birthday celebrations.