Question

the ratio of monthly income to the savings of a family is 7:2.
if the savings of a family is ₹950. find income and expenditure​
with solution

Answer 1

Answer:

This is your answer

Step-by-step explanation:

Since the ratio of monthly income to savings of the family is 7:2, we assume that the income be 7t and savings be 2t

Now, we are given that the savings is Rs 950

So, According to our assumption, 2t=950

t=475

Hence, the income of the family is 7×475=Rs 3325

And the expenditure is =Income−Savings

= Rs 3325-Rs 950

=Rs 2375