Question

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

Answer 1

let income is 7x and expenditure is 6x
then savings =7x-6x=x
given
7x=14000
x=2000
savings=2000

Answer 2

Let the ratio b 7x:6x.
Income=rs.14000
Therefore 7x=14000
=>x = 14000/7
=>x = 2000
Expenditure = 6x
=6(2000)
=12000
Savings=income-expenditure
=14000-12000
=rs.2000(ans)