Question

the ratio of monthly income to the savings of a family is 11:2. if the savings be $ 2500 find the income and expenditure

Answer 1

Income : Saving = 11:2

Income = 11x

Saving = 2x

Saving = 2x = 2500 $

x = 2500/2

x = 1250 $

Income = 11x

Income = 11 * 1250

Income = 13750 $

Expenditure = Income - Saving

Expenditure = 13750 - 2500

Expenditure = 11250 $

Answer 2

The given ratio=11:2
Hence, income =11x
And,savings=2x.
Therefore,2x=2500$
Hence,x=2500÷2=1250$
Hence, income=11x=11×1250
=13750$.
Expenditure= income- savings
=13750-2500
=11250$.