Question

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.

Answer 1

545875-295988 = the annual savings
249887 = the annual savings...

Answer 2

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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