rama's annual income is Rs.4,20,000.00.his annual savings amounts to Rs. 60,000.00.the ratio of his monthly savings to expenditure is ?
Answers
Answered by
5
The ratio is 1:7
Step-by-step explanation:
Rama annual income is 420000
so his monthly income is 420000/12 = 35000
his annual expenditure is 60000
his monthly saving is 60000/12 = 5000
therefore the ratio of his monthly savings to expenditure is
5000/35000 = 1/7 = 1:7
Answered by
1
Step-by-step explanation:
Rama's annual income =4,20,000.00
His annual saving amount =60,000.00
4,20,000-60,000=3,60,000
His monthly saving to expenditure is3,60,000
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