A save 2/5th from his monthly income and invest the remaining in food and mutual funds in the ratio of 4:1. Find the percentage of income spend in foods?
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remaining percentage 1-(2/5) = 3/5 = 60%
spend on food = {4/(4+1)}*60 = 4*60/5 % = 48%.
thanks for asking.
spend on food = {4/(4+1)}*60 = 4*60/5 % = 48%.
thanks for asking.
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