the ratio of income to the savings of a family is 7:3.if it's monthly income is rupees27300,find its monthly savings
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It is given that the ratio of income to saving is 7:3
The monthly income is given to be rupees 27300
Let the monthly income be 7x and the saving be 3x
So, as per the given condition
7x = 27300
x= 3900
Now putting the value of x in the savings.
3x = 3 × 3900
= 11,700
The monthly savings will be rupees 11,700
Answered by
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It is given that the ratio of income to saving is $7: 3$
As per data given in the question,
We have to determine the value of monthly saving.
As per data,
The monthly income = Rs. 27300
As the ratio of monthly income and monthly saving is 7:3
So,
Let the monthly income be 7x and the saving be 3x.
So,
Now putting the value of x for finding his savings.
We will get,
Hence, the monthly savings will be rupees Rs. 11,700.
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