Manjit's salary is ₹10,000 per month. He spends ₹6,000 on house rent and ₹3,000 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.

10,000

12,000

9,000

11,000

APEDIA

NTPC Graduate Tier 1

2025 • 06 Jun, 2025 • Shift-2

Manjit's salary is ₹10,000 per month. He spends ₹6,000 on house rent and ₹3,000 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

11,000

Monthly Savings Calculation: Manjit's total monthly income is ₹10,000. His regular designated expenses are rent (₹6,000) and household bills (₹3,000), tot......

💡 Analysis & Explanation

Monthly Savings Calculation ▼

Manjit's total monthly income is ₹10,000. His regular designated expenses are rent (₹6,000) and household bills (₹3,000), totaling ₹9,000. Therefore, his normal baseline monthly savings is ₹10,000 - ₹9,000 = ₹1,000.

Annual Contribution Analysis ▼

In a standard calendar year of 12 months, he reliably saves this ₹1,000 amount for exactly 11 normal months. During the 1 specific month of his birthday, his net savings become ₹0 due to the added celebration expenses wiping out the remaining ₹1,000.

Final Computation ▼

His total annual accrued savings is simply the aggregate sum of the savings from those 11 regular months, which is calculated as 11 × 1,000 = 11,000.

Conclusion ▼

His total retained savings at the end of that specific year is ₹11,000.

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Manjit's salary is ₹10,000 per month. He spends ₹6,000 on house rent and ₹3,000 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.