Question

The ratio of income to expenditure is 6 : 5. Find the savings if the expenditure is $20,000.

Answer 1

Answer:

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