the ratio of income to expenditure of a family is 7:6 find the savings if the income is 21000₹
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Step-by-step explanation:
Ratio of income to ependiture = 7:6 So ratio of income to saving = 7:1 total income is 14000. so 14000/7 = 2000
Ratio of income to ependiture = 7:6 So ratio of income to saving = 7:1 total income is 14000. so 14000/7 = 2000total expenditure is 2000*6 = 12000 Total saving is 2000* 12000 Answer: saving is rs 2000.
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Out of 7 parts, 6 parts are expenditure. So, 1 part will be savings.
If the income = 21000 then,
Savings=1/7*21000
Savings=3000 rupees
If the income = 21000 then,
Savings=1/7*21000
Savings=3000 rupees
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