the ratio of income to saving of a family is 11:2 find the expenditure if the savings if the savings is 1520
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Answer:
Step-by-step explanation:
Ratio of income:saving = 11:2
Total income = expenditure + saving
So let the income be 11x, then the saving will be 2x
And the saving is given as Rs 1520
So 2x = Rs1520
or x = Rs 760
So the income will be 11x =11⨯760 = Rs 8360
As Rs 8360 = expenditure + Rs1520
So expenditure = Rs 8360 - Rs1520 = Rs 6840
Hence the expenditure of the family is Rs 6840
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