Question

what is the ratio of income to expenditure if only 10 percent of income is same​

Answer 1

Answer:

His income per month is RS/- 5000

Income to savings ratio is 10:1

Therefore his savings from income is 1/10 = 0.1

Therefore his savings per year is RS/- 6000

That is his annual income is RS/- 60,000

Therefore his annual savings is 60,000*0.1 = RS/- 6000

That is RS/- 500 per month savings

Therefore his monthly income is 500/0.1 = RS/- 5,000

Therefore 5000*12=RS/-60,000

Also RS/- 500*12 = RS/- 6,000 savings

Step-by-step explanation:

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