The ratio between income and savings of family is 11:2. Find the expenditure of savings is rupees 700. explain it?
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Answer:
Income/700 = 11/2
.: 2 * Income = 7700
.: Income = 3850
If savings is 700 then income is 3850
Now, Expenditure = Income - Savings
.: Expenditure = 3850 - 700
.: Expenditure = 3150
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