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
Verified Correct Answer: C.
Step-by-Step Mathematical Solution
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
Source: Myschool Past Questions Archive (Record #55374)