the ratio of the hncome to the expenditure of a family is 7:6. Find the savings if the income is 1400.
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Let the expenditure be x
Given income = 1400
Ratio of income and expenditure = 7 : 6
=> 7 : 6 :: 1400 : x
We know that,product of extremes = product of means
=> 7x = 1400 × 6
=> x = 1400/7 × 6
=> x = 200 × 6
=> x = 1200
=> Expenditure = 1200
Savings = Income - expenditure
=> Savings = 1400 - 1200
=> Savings = ₹200
Answer :- 200
Hope it helps dear friend ☺️✌️✌️
Given income = 1400
Ratio of income and expenditure = 7 : 6
=> 7 : 6 :: 1400 : x
We know that,product of extremes = product of means
=> 7x = 1400 × 6
=> x = 1400/7 × 6
=> x = 200 × 6
=> x = 1200
=> Expenditure = 1200
Savings = Income - expenditure
=> Savings = 1400 - 1200
=> Savings = ₹200
Answer :- 200
Hope it helps dear friend ☺️✌️✌️
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