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Spends 30.1% on groceries, 20.1% of remaining on rent, 1/4 of remaining on EMI. Saves ₹1260. Find approximate monthly income.

1. 3000
2. 3200
3. 3050
4. 2950

Correct answer: 3000

Solution

After groceries: 0.699I. After rent: 0.699×0.799×I≈0.558I. After EMI: 0.558×0.75×I≈0.4185I. 0.4185I=1260 → I≈3011≈3000.

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