Alfie has saved 10% of his income of textsterling30, 000 in 2015. He owns a house worth textsterling200, 000 and has no other income, assets or savings. His wealth at the end of 2015 is:

INCOME DISTRIBUTION

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Alfie has saved 10% of his income of £30, 000 in 2015. He owns a house worth £200, 000 and has no other income, assets or savings. His wealth at the end of 2015 is:

A	£3, 000
B	£30, 000
C	£200, 000
D	£203, 000

Explanation:

There is 1 question to complete.

ECONOMICS (CBSE/UGC NET)

ECONOMICS

INCOME DISTRIBUTION