the ratio of monthly income to the savings in a filipino family is 5:4 if the savings be 9000,find the income and the expenses up
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- 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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