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A factory worker earns ₦50,000 per month out of which he spends 15% on his…

A factory worker earns ₦50,000 per month out of which he spends 15% on his children’s education, ₦13,600 on Food, 3% on electricity and uses the rest for his personal purpose. How much does he have left?

  • A.
    N21,850
  • B.
    N18,780
  • C.
    N27,400
  • D.
    N32,500
Correct Answer: Option C
Explanation

Education = (frac{15}{100} times N 50,000)

= N 7,500

Food = N 13,600

Electricity = (frac{3}{100} times N 50,000)

= N 1,500

Leftover : N (50,000 – (7,500 + 13,600 + 1,500))

= N 27,400

There is an explanation video available below.

Explanation Video