Question

Priya spends 3/5 of her income on household expenses and 1/7 of her income on personal expenses.if her monthly income is rs.35000,find her monthly savings

Answer 1

Answer:

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Money spends on household expenses =

3/5 × 35000 = ₹ 21000

Money spends on personal expenses =

1/7 × 35000 = ₹ 5000

Total money she spends =

₹ 21000 + ₹ 5000 = ₹ 26000

Her monthly saving =

₹ 35000 - ₹ 26000 = ₹ 9000

Answer 2

Concept introduction:

A reduction in the amount of time or money utilised or required is referred to as a savings.

Given:

Here it is given that Priya spends $3/5$ of her income on household expenses and  and $1/7$of her income on personal expenses.

Her monthly income is $rs.35000$.

To find:

We have to find her monthly savings.

Solution:

According to the problem,

Money spends on household expenses

$=3/5*35000\\=21000$

Money spends on personal expenses

$=1/7*35000\\=5000$

Total money she spends

$=(21000+5000)\\=26000$

Now her monthly savings

$=(35000-26000)\\=9000$

Final answer:

Her monthly savings rs.$9000$.

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