the ratio of the income to the expenditure of a family is 8:5.find the saving, if the income is 48000
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Answer:
Step-by-step explanation:
Let income be 8x and expenditure be 5x
Income =48000
Therefore
8x=48000
x=48000÷8
x=6000
So, expenditure =5×6000
= 30000
Savings= Income - Expenditure
= 48000 - 30000
= 18000
Savings=18000
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