The average monthly expenditure of a family was ₹2,200 during the first 3 months, ₹2,550 during the next 4 months and ₹3,120 during the last 5 months of the year. If the total savings were ₹1,260, find the average monthly income.
A
₹3,960
B
₹760.8
C
₹2,805
D
₹3,125
Correct Option:
C
Explanation
Expenditure = 3 × 2,200 + 4 × 2,550 + 5 × 3,120 = ₹32,400. Add annual savings of ₹1,260 to get annual income of ₹33,660. Dividing by 12 gives ₹2,805 per month.