. Manoj earns $25,000 and saves 10,500 per month. Find the ratio of:
(i) His income to his savings.
n
(ii) His expenditure to his saving.
(iii) His income to his expenditure.
Answers
Answered by
2
Answer:
60000
Step-by-step explanation:
Let’s say his monthly income is x.
His expenses are:
Rent= 25% of x = .25x
Food= 30% of x = .30x
Other= 20% of x = .20x
Hence his total expense = .25x + .30x. + .20x = .75x.
His saving = Income - expense = x - .75x = .25x
So, .25x =15000
x = 15000 /.25 = 15000×100 / 25 = 60000
Hence Bobby,s monthly income is Rs 60000.
Similar questions