The annual income of Mr Kumar is Rs280000. If he saves Rs 60000 every year, then find the ratio between:
a) his income and his expenditure.
b) is savings and expenditure
Answers
Answered by
1
Answer:
a) 14:11
b) 3:11
Step-by-step explanation:
Expenditure= 280,000-60000 = ₹220,000
a) income/expenditure = 280,000/220,000
= 14/11 , i. e., income:expenditure = 14:11
b) savings/ expenditure = 60,000/ 220,000
= 3/11, i.e., savings : expenditure= 3:11
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