7.
The income and savings of an employee are in the ratio 11:2. If his expenditure is 75346.
then find his income and savings.
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Answer:
Income = 92092 and Savings = 16744 approx.
If expenditure is 5346 and not 75346, income = 6534 and savings = 1188.
Step-by-step explanation:
Income - Savings ratio = 11 : 2
Let them be in the ratio 11x : 2x.
Therefore, expenditure in terms of x = 11x - 2x = 9x.
Given, expenditure = 75346. Thus, 9x = 75346, implies x = 75346/9 = 8372 approx.
Now, income = 11x = 11 x 8372 = 92092 and savings = 2x = 16744 approx.
p.s. If you meant 5346 instead of 75346, then 9x = 5346, implies x = 594.
Then, income = 11x = 6534 and savings = 2x = 1188.
Hope this helps you!
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