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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60 Mins English English20 Questions40 Marks12 Mins English English160 Marks60 Mins EnglishA man's income increases by 21% and his expenditure increases by 9%. If his initial income was ₹45,000 and expenditure ₹27,000, find the percentage increase in savings.
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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