the ratio of the income of a person to saving is 15:2 .If his savings of one year is rs 7500 , what is his monthly income
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Ratio of income to saving= 15:2
Let's say his income is 15x
Saving will be 2x
Saving of 1 year = 7500
Saving of 1 month = 7500/12 = 625
So 2x = 625
x = 625/2
Income = 15x = 15 × 625/2 = 4687.5
His monthly income is 4687.5
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