Mr Sharma's monthly earnings and savings are in the ratio 5 is to 2 if his monthly salary is 130000 what is his annual savings
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Step-by-step explanation:
monthly salary or earnings =130000
ratio of earnings to savings=5:2
earnings =5x
savings =2x
X=130000/5=26000
saving per month =2x=2×26000=52000
savings per year=52000×12=624000
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