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A man spends Rs. 3500 per month and save 12 ½% of his income. His monthly income is?

  1. Rs. 4400
  2. Rs. 4000
  3. Rs. 4270
  4. None

Let’s denote:

We know:

We can write the equation:

Solving the equation:

Therefore, his monthly income is Rs. 4000.

So, the correct answer is (B) Rs. 4000.

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