Question

He saves 70 % of his income if his income is 40000.find his savings and expenditure​

Answer 1

Answer:

Savings = 28,000

Expenditure = 12,000

Step-by-step explanation:

Total income = 40, 000

Now, saving of the man = 70%

So,  70% of 40, 000 = $\frac{70}{100}   \times 40, 000   =  28,000$

So his total savings is 28, 000.

now,  Expenditure       = Total income - Savings

                                     =  40, 000  - 28,000

                                     = 12, 000

Hence, total savings is  28,000

and expenditure is 12,000.