Question

2. Mohit earns 2,50,000 in a year. He saves 60,000 and spends the rest. Find the ratio of
b) money that he saves to the money he spends.​

Answer 1

Answer:

A man spends 60% of his monthly income, but saves 40% of his income.

Therefore, 40% of his savings = Rs. 10,000. Therefore, his salary is

100 x 10,000/40 = RS 25,000. His salary is Rs. 25,000.