Question

The salary of an person is 70,000. If his expenditure is 80%. Then find Total expenditure
and Total savings

Answer 1

Answer:

expenditure = 56,000

savings = 14,000

Explanation:

Given -

Salary of a person = 70,000

His expenditure = 80% of salary

To find -

Total expenditure and Total savings

Solution -

His expenditure is 80% out of 100%, so savings will be 20%.

Total expenditure = 80% of salary

= 80% of 70,000

= 80/100 × 70,000

= 80×70000/100

= 80×700

= 56,000

Total savings = 20% of salary

= 20% of 70,000

= 20/100×70,000

= 20×70000/100

= 20×700

= 14,000

Hence Total expenditure of person is 56,000 and total savings is 14,000.

hope it helps.

Answer 2

Answer:

Total Expenditure = ₹56,000

Total Savings= ₹14,000

Explanation:

Given Information -

• Salary of the person = ₹70,000
• Percentage of expenditure = 80%

To Find

• Total expenditure.
• Total savings.

Answer -

To find the total savings of person through his salary, we'll find the expenditure of the person and subtract it from the salary of the person.

The difference will be the total savings of the person.

Total Expenditure - $80\% \times \: salary$

• $\frac{80}{100} \times 70000$

• $= 80 \times 700$

• $\bold\blue{Expenditure- ₹56,000}$

Total Savings -

• Salary-Expenditure

• 70000-56000

• $\bold\red{Savings-₹14,000}$