Question

The ratio of income to expenditure is 6 : 5. Find the savings if the expenditure is $20,000.
Note that we are asking for savings and not income.

Answer 1

A/q

Let, ratio of income to expenditure

=6x : 5x

expenditure =$20,000

we know $1=₹70.69

so,$20,000=20000×70.69

=1413800

expenditure=1413800

5x=1413800

x=1413800÷5

x=282760

income= 6x

=6×282760= 1696560

saving=income - expenditure

saving = 1696560 -1413800

= 282760

Answer 2

The value of saving is $4000.

Step-by-step explanation:

Since we have given that

ratio of income to expenditure = 6 : 5

If the expenditure = $20000

So, it becomes,

$5x=20000\\\\x=\dfrac{20000}{5}\\\\x=\ 4000$

So, Income would be

$6x=6\times 4000=\ 24000$

So, the saving would be

$6x-5x=x=\ 4000$

Hence, the value of saving is $4000.

# learn more:

The ratio of income to expenditure expenditure of a family is 7:6 find the savings if the income is rupees 14000​

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