The ratio of monthly income to the savings in a family is 5 : 4 If the savings be $9000, find the income and the expenses.
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Answered by
4
Step-by-step explanation:
income is 11250 and expense is 2250
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Answered by
1
- Ratio of income to savings = 5:4
- Savings = $9000
- Income
- Expenses
Let:-
- The income = 5x
- The savings = 4x
∴ 4x = 9000
⇒ x =
⇒ x = 2250
∴ The monthly income = 5x = 5 × 2250 = $11250
∴ the expenses = Income - savings = $2250
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