The ratio of the income to the expenditure of a family is 8:5. Find the monthly savings if the monthly income is rs. 48000
Answers
sum of the ratio =8+5=13
expenditure=5÷13×48000
then subtract the income from the expenditure to get the savings
Answer:
The monthly savings of family = Rs 18000
Step-by-step explanation:
Here, The ratio of the income to the expenditure of a family is 8:5.
So, let the income of family = 8x
let the expenditure of the family = 5x
It is given that the monthly income of family = Rs 48000
Thus, 8x = 48000
=> x = Rs 6000
Thus, the income of family = 8 * 6000
= Rs 48000
Thus, the expenditure of family = 5 * 6000
= Rs 30000
So,the monthly savings of family = the income of family - the expenditure of family
= 48000 - 30000
= Rs 18000