Amit received his monthly salary. The ratio of his expenditure to savings is 3 : 2. What percentage of his salary did he spend and what percentage was saved by him, respectively?

Correct option is A

Given:

Ratio of Amit expenditure to savings = 3 : 2

Solution:

Let the expenditure and savings be 3x and 2x respectively

Then total income = 3x + 2x = 5x

Then

Expenditure percentage = $$\frac{3x}{5x} \times 100 = 60\%$$​​

Savings percentage = $$\frac{2x}{5x} \times 100 = 40\%$$​​