the ratio of monthly income to the savings of a family is 11:2. if the savings be ₹2500,find the income and expenditure.
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Answer:
Let the monthly income be 11m
Let the savings be 2m
Let the expenditure be 11m-2m = 9m
ATQ
Savings + expenditure = monthly income
2500 + 9m = 11m
2500 = 11m-9m
2500 = 2m
2500/2 = m
1250 = m
therefore, monthly income = 11m = Rs 13750
expenditure = 13750 - 2500 = Rs 11250
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