The ratio of the income the carefully of a family is 7 6 find the savings if the income is Rs 1400.
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Answer:
When the "income is Rs 14000", the savings is .
Given:
Ratio of "income to expenditure" = 7:6
To find:
Savings of the family.
Solution:
Savings is amount from income eliminating expenditure money.
The formula for savings is given below:
Savings(S)= Income-ExpenditureSavings(S)=Income−Expenditure
Let consider the income be 7x and the expenditure be 6x
Then,
S = 7x - 6xS=7x−6x
S = xS=x
Thus, the savings(S) is x.
Income = 7xIncome=7x
Apply the amount of income given in the question,
14000 = 7x14000=7x
x = \frac{14000}{7}x=
7
14000
x = 2000x=2000
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