Question

Neelam’s monthly income is Rs. 28000. Her monthly savings amount to Rs. 7000. The ratio of her savings to her expenditure is a) 1 : 3 b) 1 : 7 c) 2 : 5 d) 1 : 4​

Answer 1

Answer:

Correct option is B)

Find the ratio of savings to expenditure.

Ratio of savings to expenditure = Rs. 36,000: Rs. 2,52,000

=1:7

∴Option B is correct.

Answer 2

Answer:

Option (a) 1 : 3 is the correct option.

Step-by-step explanation:

Given:

Neelam's income = Rs. 28000

Her savings = Rs. 7000

We know that Income = Savings + Expenditure

Therefore, Expenditure = Income - Savings

Therefore, Neelam's expenditure = Rs. 28000 - Rs. 7000

                                                        = Rs. 21000

We need to find the ratio of her savings to her expenditure

= $\frac{Savings}{Expenditure}$

= $\frac{7000}{21000}$

= $\frac{1}{3}$

Therefore, the ratio of her savings to her expenditure is 1 : 3

Therefore, Option (a) 1 : 3 is the correct option.