Question

Mr.sharma has a mounthly salary of rs. 7,500. If he spends rs. 6,250 every month, find his expenditure and savings in percent?

Answer 1

Answer:

expenditure=83.3%

saving= 16.7%

Step-by-step explanation:

Well first calculate the percentage spent

6250÷7500 × 100=83.33333333

                              =83.3% (expenditure)

Now calculate the percentage saved

7500-6250=1250(savings)

1250÷7500 × 100=16.66666667

                            = 16.7% (savings)

NB:THE ABOVE CALCULATIONS ARE FOR A MONTH BUT IF YOU ARE ASKED THE YEARLY EXPENDITURE AND SAVINGS THEN USE THE BELOW CALCULATIONS.

annual percentage for expenditure

annual salary=7500×12=90000

total spent= 6250×12=75000

as a percentage = 75 000÷90 000 × 100

                           = 83.33333333

                            = 83.3%

annual savings

total salary= 90 000

total saved = 1250×12= 15 000

as a percentage= 15000÷90000× 100

                           =16.66666667

                           =16.7%

I HOPE THIS ANSWER AND EXPLANATION HAS BEEN OF HELP TO YOU. DO FEEL FREE TO ASK FOR FURTHER HELP IF ANY PART OF THIS ANSWER IF CONFUSING TO YOU. I WILL BE MORE THAN HAPPY TO HELP. THANK YOU.

#answerwithquality and #BAL