Akash’s income is ₹20000 per month, and that of Arjun is ₹360000 per annum. If the monthly expenditure of each of them is ₹10000 per month, find the ratio of their savings?
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Answer:
ratio of their savings is 1:2
Step-by-step explanation:
monthly income of akash=rs 20000
monthly income of arjun =rs 30000
monthly expenditure of akash=10000
monthly expenditure of arjun=10000
savings of akash=10000
savings of arjun=20000
therefore ratio of their savings=1:2
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