Question

A man spend 2500 per month for four months and runs into debts. He then reduces his expenses 1750 per month and just clears of his debts after eight months Find his income per month?

Answer 1

Explanation:

Let the income per month be S

Total income in 8 months = 8 S .

Total expenses in four months = 2500 x 4 = 10000

Total expenses in next four months = 1750 x 4 = 7000

Total expenses = 17000

According to question

Total income in 8 months = Total expenses

8 S = 17000

S = 2125 per month .