The ratio of income to expenditure of a family is 7:6 find the saving of the income is 14000.
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Expenditure of the family=7/(7+6)=7/13
Therefore, income of the family= (7/13)x14000= ₹ 98000/13
Expenditure of the family= (6/13)x14000= ₹ 84000/13
Therefore, Savings= Income - Expenditure= (98000/13)-(84000/13)=(98000-84000)/13=14000/13= ₹ 1076.92
Therefore, income of the family= (7/13)x14000= ₹ 98000/13
Expenditure of the family= (6/13)x14000= ₹ 84000/13
Therefore, Savings= Income - Expenditure= (98000/13)-(84000/13)=(98000-84000)/13=14000/13= ₹ 1076.92
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