The ratio of income to expenditure of a family is 7:6 .find the savings if the income is Rs 14000
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let income be I and expenditure be E
Income/ expenditure =7/5
income is 14000
14000/E=7/5 or
E=(14000×5)/7
E=10,000
So savings =Income -expenditure
=14000-10,000
=4,000Rs.
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