in a year ronny earns Rs.360000.and saves Rs.60000.find the ratio of that money he saves to the money he spends
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Answer:
Given
ronny's annual income = Rs.360000
money spend by him = Rs.24000
Then,
Amount remaining after paying tax = Rs.(360000−60000)=Rs.300000
∴ Required ratio = Rs 300000/ Rs 60000
= 300000÷60000/60000÷60000
=
1/5
=1:5
Step-by-step explanation:
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