Question

the ratio of the income to the expenditure of a family is 7 : 6 find the savings if the income is rs 14000

Answer 1

2000 rupees
.......................

Answer 2

let the income and expenditure be 7x and 6x

then savings are equal to 7x-6x=1x
therefore,
7x=14000
x=14000/7
=2000
then expenditure=6x=2000*6=12000
and savings =1x=2000