e) Neelam saves 36,000 from her annual income and spends the rest. Her annual income is 22.88.000. What is the ratio of her savings to her annual income? What is the ratio of her savings to her expenditure?
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Neelam's annual income is Rs 288000 , Her annual savings amount to Rs 36000 . The ratio of her savings to her expenditure is 1: 7
Question
Neelam’s annual income is
R
s
,
2
,
88
,
000
. Her annual savings amount to
R
s
.
36
,
000
. The ratio of her savings to her expenditure is
1
:
7
A
True
B
False
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Solution
The correct option is A. True
Expenditure
=
Annual income
−
saving amount
$= Rs. 288000 - Rs. 36000$
=
R
s
.
252
,
000
Ratio of her savings to her expenditure
=
36000
:
252
,
000
=
36000
252
,
000
=
36
252
=
6
42
[On dividing both sides by
6
]
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