Mohit earns 22,950 and saves 2754 per month. Find the ratio of his:
(i) income and savings (ii) income and expenditure (iii) expenditure and savings
(Hint: Expenditure = income - savings)
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Answer:
(i) 25 : 3 , (II) 25 : 22 , (III) 22 : 3
Step-by-step explanation:
(i) income : saving
22,950 : 2754 (cut both by 2)
11,475 : 1377 (cut both by 3)
3825 : 459 ( again cut by 3)
1275 : 153 ( same cut by 3)
425 : 51 ( cut by 17)
25 : 3
(II) income and expenditure
22950 : 20196 ( cut by 2)
11,475 : 10098 ( cut by 3)
3825 : 3366 ( cut by 3)
1275 : 1122 ( cut by 3)
425 : 374 ( cut by 17)
25 : 22
(III) expenditure : saving
20196 : 2754 (cut by 2)
10098 : 1377 ( cut by 3)
3366 : 459 (cut by 3)
1122 : 153 (cut by 3)
374 : 51 ( cut by 17)
22 : 3
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