If the annual income of a man is ₹5,45,875and his annual expenditure is ₹2,95,988.find the annual saving of the man.
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545875-295988 = the annual savings
249887 = the annual savings...
249887 = the annual savings...
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Annual Saving = ₹249,887
Step-by-step explanation:
Given:
Annual income = ₹5,45,875
Annual Expenditure = ₹2,95,988
Annual Saving = ?
Computation:
Annual Saving = Annual income - Annual Expenditure
Annual Saving = ₹5,45,875 - ₹2,95,988
Annual Saving = ₹249,887
Saving is the part of income, that is not be spent yet and has to be spent in the future when needed.
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