Question

A person earns rs 1000 in a day . He spends 2/9 of it on transport and 3/8 of it on food.How much money does he save in a day

Answer 1

total money = 1000
money spend on transport = 2/9 (1000)= 222.23(approx)
money spend on food = 3/8(1000)
= 375
total money spend in a day = 375 + 222.23
= 597.23
money saved in a day = 1000 - 597.23
= 402.77

Answer 2

Concept:

Money is a common medium used in economic exchange. The medium is expressed in terms of prices and values and rupees.

Given:

The earned money is $Rs.1000$. He spends $\frac{2}{9}$ of it in transport and $\frac{3}{8}$ of it on food.

Find:

How much money does he save in a day.

Solution:

According of the problem,

Total earned money is $Rs.1000$

Money spend on transport  is $\frac{2}{9}*1000=Rs.222.22$ approx

Money spend on food is $\frac{3}{8}*1000=Rs.375$

Total spending is $222.22+375=Rs.597.23$

The savings is $1000-597.23=Rs.402.77$

Hence, rthe total money saved is $Rs.402.77$