2. Income of a man is ₹ 6,000 and his expenses are ₹ 4,800. Find the ratio of (i) amount of saving to income, (ii) expenses to saving
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Answer:
ratio of savings to income is 1:5 and expenses to savings is 4:1
Step-by-step explanation:
income of a man is ₹6000
expenses ₹4800
saving= income - expenses
Savings= 6000-4800
savings= ₹1200
ratio of amount of savings to income is
= 1200:6000
=1:5
ratio of expenses to savings is
=4800:1200
=4:1
hence ratio of savings to income is 1:5 and expenses to savings is 4:1
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