total income of a person in a month 5000 if he spent 2500 on food 1985 on other expenses and save the remaining find the savings of the person in that month
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Answer:
Income = 7500
Expenditure = 6300
So, savings = 7500-6300 = 1200
Income: Expenditure = 7500/6300 = 75/63 = 25/21
So ratio is 25:21
Savings : Income = 1200/7500 = 12/75 = 4/25
So ratio is 4:25
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