Raj spent one-fourth of his salary on rent and one-third on living expenses, and saved the remaining amount. What fraction of his salary did he save?

Question

(A) $\large\frac{1}{12}$
(A) $\large\frac{5}{12}$
(A) $\large\frac{1}{4}$
(A) $\large\frac{7}{12}$