Ramesh's monthly income = Rs.17,000
He spends 40% on food.
The total money spent on food = 40/100 × 17000 = Rs. 6800
Now, his monthly remaining income = Rs.17000 – Rs.6800 = Rs. 10200
Out of Rs. 10200, he spends 40% on conveyance and clothes.
The total money spent on conveyance and clothes = 40/100 × 10200 = Rs. 4080
Now, his monthly remaining income = Rs.10200 – Rs.4080 = Rs. 6120
Out of Rs. 6120, he saves 50%.
Amount saved = 50/100 × 6120 = Rs. 3060