How to solve this problem:
Note the following data of a client: Salary-Rs. 25000; Rental Income- Rs. 12000; Interest on Fixed Deposit-Rs. 6000; Dividend from stocks - Rs. 5000; Rent paid - Rs. 9000; Home Loan EMI - Rs. 8000; Household expenses- Rs. 10000; Calculate Net Surplus and Savings ratio. Vasudev Badrinath, Hyderabad
Based on the data in the question, it should be:
21000 & 43.75%, but it seems all the answers are wrong as the answer is calculated using salary = Rs. 21000. Kindly correct. Need further clarification, do write back.