in a family the ratio of expenses to savings is 5:3 but his expenses is increased by 60% and income increases only by 25% thus there is deficit of 3500 in the savings . the increased income would be ?
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very easy answer I will tell in five minutes
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Answer:
Step-by-step explanation:
Given, Expense:Saving= 5:3
Expenses= 5x
Saving = 3x
Income = 8x
Increased income= 8x×125/100= 10x
Expenses increased by 60%
Increased expense= 5x×160/100= 8x
New saving = 10x-8x= 2x
Now,
3x-2x= 3500
x= 3500
Therefore, increased income =10x
10×3500= Rs.35000
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