1. Monthly expenditure of a family is 60% of the monthly income. If the family saves 6,000 per month, the monthly income of the family (in rupees) is
Answers
Answered by
61
Answer:-
Let the monthly income of the family be x.
Given:
Expenditure = 60% of income
⟹ Expenditure = 60x/100 = 3x/5
Also,
Savings = Rs. 6000
We know that,
Income - expenditure = savings
So, x - 3x/5 = 6000
⟹ (5x - 3x) = 5 * 6000
⟹ 2x = 30000
⟹ x = 30000/2
⟹ x = 15000
∴ The monthly income of the family is Rs. 15,000.
Answered by
52
✏QUESTION
Monthly expenditure of a family is 60% of the monthly income. If the family saves 6,000 per month, the monthly income of the family (in rupees) is
✏SOLUTION
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