An employee's average contribution to his provident fund for the first 9 months was ₹3,500 per month, and for each of the remaining 3 months the contribution was ₹5,500. By what amount was his total contribution short of ₹58,000?
A
₹4,000
B
₹16,500
C
₹8,000
D
₹10,000
Correct Option:
D
Explanation
For the first 9 months, 9 × ₹3,500 = ₹31,500. For the last 3 months, 3 × ₹5,500 = ₹16,500. Total contribution = ₹48,000, so the shortage from ₹58,000 is ₹10,000.