The ratio of income to expenditure of a company is 9:8. Find its savings if its income is 18000
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Let the income be 9x and the expenditure be 8x. Therefore according to the question income is 18000. So 9x=18000. So x=2000. So now expediture is 8xthat is 8(2000)=16000. Now we know saving = income - expenditure. So saving = 18000-16000=2000
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