Question

The income in 3 months of a person is same as his ecpenduture in 4 months. if his annual saving is 600. what is his monthly income

Answer 1

let income of 3 months = x
income of a year = 4x
expenditure of 4 months = x
exp. of a year = 3x
savings of year =4x - 3x
x= 600
monthly income= 200

Answer 2

Answer:

His monthly income is Rs.200.

Step-by-step explanation:

Given; The income in 3 months of a person is same as his expenditure in 4 months. if his annual saving is 600.

Find: What is his monthly income?

An organization's complete accounting of all its receipts and outlays for a given fiscal year is known as an income and expense account. This account, which is prepared on an accrual basis, captures all income and outlays for a specific year, whether they are clear or not. This account, presented by non-trading businesses, separates capital from revenue and solely considers the latter.

Let income of 3 months be $x.$

So, Income of a year $= 4x$

Expenditure of 4 months $= x$

Expenditure of a year $= 3x$

savings of year= Income - Expenditure

$600=4x - 3x$

$x=600$

Therefore, monthly income$=\frac{600}{3}$

$=200$

Hence, his monthly income is Rs.200.

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