Question

Ravi earns RS 84,000 a year and spends RS 63,000 a year find in the simplest form the ratio of a) ravi's income to his savings. b) money that Ravi saves to the money he spends

Answer 1

Answer:

84000 - 63000 = 21000 is the amount saved.

now ratio of income : savings = 84000 : 21000 = 4:1

ratio of savings : expenditure = 21000 : 63000 = 1:3

Answer 2

Answer:

(a) 4 : 1

(b) 1 : 3

Step-by-step explanation:

We are provided with;

   Earnings(Income) of Ravi in a year          = Rs 84,000

   Expenditure(Spending) of Ravi in a year = Rs 63,000

Hence, Savings of Ravi in a year = Income in a year - Spending in a year

                                                            = Rs ( 84,000 - 63,000)

                                                            = Rs 21,000

(a) Ratio of Ravi's Income to his Savings = $\frac{Income}{Savings}$ = $\frac{84,000}{21,000}$ = $\frac{4}{1}$ = 4 : 1

(b) Ratio of Ravi's Savings to his Spending = $\frac{Savings}{Spending}$ = $\frac{21,000}{63,000}$ = $\frac{1}{3}$ = 1 : 3

These ratios are in the simplest form.