income of Mohan is ₹1200 per month and that of Ravi is ₹19152 per annum. if the monthly expenditure of each of them is 996.find the ratio of their savings
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Step-by-step explanation:
Income of Mohan = ₹1200 per month.
Income of Ravi = ₹19152 per annum = 19152/12 = ₹1596 per month.
Monthly expenditure of each of them is ₹996.
=> Monthly savings of Mohan = 1200 - 996 = ₹204
Similarly, monthly savings of Ravi = 1596 - 996 = ₹600.
Therefore, ratio of their savings are respectively 204:600 or 17:50.
Answered by
1
Answer:
Mohan:-
income =1200×12 =14400
expenditures =996×12=11952 /annum
Ravi:-
income =19152
expenditures=996×12=11952 /annum
their ratio will be =( mohan/ ravi)
14400-11952
= ‐----------------- /annually savings
19152-11952
2448
= -------
7200
34
= ---- per annual savings
100
ratio is 17:50 per annum savings
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