the of the monthly income to the monthly expenditure of a family is 5:3 if the income of the family is 37500,find the monthly expenditure and savings
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Step-by-step explanation:
5th part = 37500
1 part = 37500/5= 7500
3 part = 7500×3=22500
therefore monthly expenditure is 22500 and
savings= income-expenditure= 37500-22500=15000
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