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Henry is working in a company. From his monthly salary, 25% is deducted as house rent, 15% is spent on children's education and 18% is spent on other heads. If his monthly savings are Rs.7,560, then what is his monthly salary (in Rs.)?
1. 18,000
2. 17,500
3. 20,000
4. 15,000

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Correct Answer - Option 1 : 18,000

Calculation:

Let monthly salary of Henry be Rs.m.

⇒ 7560 = m - m × (25/100 + 15/100 + 18/100)

⇒ 7560 = 42m/100

⇒ m = 18000

∴ Monthly salary of Henry is Rs.18000

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