5. Rohit earns 15300 and saves 1224 per month. Find the ratio of (1) his income and savings: (11) his income and expenditure: (ii) his expenditure and savings.
Answers
Answer:
(i) Ratio of income and saving is 25 : 2 ( ii ) Ratio of income and expenditure is 25 : 23 (iii ) Ratio of expenditure and saving is 23 : 2
Step-by-step explanation:
Income of Rohit= Rs.15300
Saving =Rs.1224
Expenditure=Income- saving
=15300 - 1224
=14076 Rs.
(i) Ratio of income and saving=income/saving
=15300/1224
=25/2
=25 : 2
( ii ) Ratio of income and expenditure=income/expenditure
=15300/14076
=25/23
=25 : 23
( iii ) Ratio of expenditure and saving=expenditure/saving
= 14076/1224
=23/2
=23 : 2