The ratio of monthly income to savings of family is 11:2.if savings be rs 2500 .find income and expenditure
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Answered by
331
Income=Savings + expenditure.
Ratio=11:2.
So let the monthly income be 11x and saving be 2x.
2x=2500
x=1250.
11x=11*1250
=13750.
Expenditure=Income- savings
=13750-2500
=11250
Therefore,Income= Rs.13750 and expenditure= Rs.11250
Ratio=11:2.
So let the monthly income be 11x and saving be 2x.
2x=2500
x=1250.
11x=11*1250
=13750.
Expenditure=Income- savings
=13750-2500
=11250
Therefore,Income= Rs.13750 and expenditure= Rs.11250
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