The ratio of the income to the expenditure of a town is 7:6. If the income is ₹3500, what is the saving?
Given:
Ratio of income to expenditure = 7 : 6
Income = ₹3500
Formula Used:
Savings = Income - Expenditure
Solution:
Let the common multiplier for the ratio be x.
Income equation:
7x = 3500
x = 500
Calculate the expenditure:
6 × 500 = 3000
Calculate the saving:
3500 - 3000 = 500
Final Answer
So the correct answer is (c)
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The ratio of the income to the expenditure of a town is 7:6. If the income is ₹3500, what is the saving?
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