The ratio of income to expenditure of a family is 7:6.find the savings if the income is ₹14000
Answers
Answered by
1
Answer:
rs.12000
Step-by-step explanation:
7:6
14000÷7 = 2000
2000×6 = 12000
Answered by
2
Step-by-step explanation:
When the "income is Rs 14000", the savings is .
Given:
Ratio of "income to expenditure" = 7:6
To find:
Savings of the family.
Solution:
Savings is amount from income eliminating expenditure money.
The formula for savings is given below:
Savings(S)= Income - Expenditure
Let consider the income be 7x and the expenditure be 6x
Then,
S = 7x - 6x
S = x
Thus, the savings(S) is x.
Income = 7x
Apply the amount of income given in the question
14000 = 7x
x = 14000/7
x = 2000
savings = x = ₹ 2000
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