Ratio of Income and expenditure of a man is 7:4 and his income is 3500,find his expenditure and savings
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Question :
Ratio of Income and expenditure of a man is 7:4 and his income is 3500,find his expenditure and savings .
Answer :
- Ratio of income to expenditure is 7:4 .
- Income is 3500 .
- his expenditure ?
- his savings ?
Explanation :
- let his expenditure be "x"
- Therefore his expenditure is 2000 .
Savings = Income - Expenditure
- Therefore his savings is 1500
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