Question

In an economy APC to APS is 5:3 . The level of income is Rs.6000. How much is savings

a. 2250

b. 2200

c. 3200

d. 3250

​

Answer 1

Answer:

a. 2250

Explanation:

APC : APS = 5:3 Consumption = 5/8 x 6000 = 3750 And Savings = 6000 - 3750 = 2250 Alternatively; 3/8 x 6000 = 2250.