Monthly income of ramlal is 30000 he spends 11 by 15 of his income in one month find his monthly savings
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Answer:
Monthly saving of Ramlal is 8000.
Step-by-step explanation:
One Method:
Monthly income of Ramlal is 30000.
He spends 11/15 of his income .
He spends money = 11/15 of his income.
He spends money= 11/15×30000=22000.
He saves money= His monthly income- His monthly spending
=30000-22000
=8000
Another Method:
Monthly income of Ramlal is 30000.
He spends 11/15 of his income .
Then it's saving= 1-11/15=4/15
(where 1 is monthly income)
He saves money= 4/15 of its income
= 4/15×30000
=8000
Conclusion:
Ramlal's monthly saving is 8000
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