the ratio of incom to expenditure of a family is 7:6 find the savings if the income is 14000
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Ratio of income to ependiture = 7:6
So ratio of income to saving = 7:1
total income is 14000 . so 14000/7 = 2000
total expenditure is 2000*6 = 12000
Total saving is 2000*1 = 2000
Answer : saving is rs 2000.
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ratio of income to expenditure=7:6
so ratio of income to saving = 7:1
total income is 14000. so 14000/7 = 2000
total expenditure is 2000*6=12000
total saving is 2000*1=2000
SAVINGS = 2000
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