Question

A person earns Rs 60000 per month while his month expenditure is Rs 55000 find ratio of:
1' income to expenditure
2; income to saving

Answer 1

a)expenditure/income=55000/60000=11/12
income/saving=60000/5000=12:1

Answer 2

income : expenditure = 12 : 11
income : saving = 12 : 1