Income and expenditure of a person is in the ratio 5 : 4. If income of

1.	Income and expenditure of a person is in the ratio 5 : 4. If income of the person is Rs.18000, then his savings is *Rs.3400Rs.3200Rs.3600Rs.3000
Answer» ANSWER: Rs.3600 Explanation: Given, The ratio of income and expenditure of a person is 5 : 4 And also, the income is Rs.18000 Find the savings of the person. Let's TAKE the COMMON ratio as x Then, Income = 5x Expenditure = 4x ACCORDING to the question, $\rm \implies \: 5x = 18000$ $\rm \implies \: x = \dfrac{18000}{5}$ $\rm \implies \: x = 3600$ Hence, Expenditure = 4x = 4(3600) = 14400 We know, Savings = Income - Expenditure So, = 18000 - 14400 = 3600 ∴ Savings of the person is Rs.3,600

Income and expenditure of a person is in the ratio 5 : 4. If income of the person is Rs.18000, then his savings is *Rs.3400Rs.3200Rs.3600Rs.3000

Answer»

Explanation:

Given,

The ratio of income and expenditure of a person is 5 : 4

And also, the income is Rs.18000

Find the savings of the person.

Let's TAKE the COMMON ratio as x

Then,

ACCORDING to the question,

$\rm \implies \: 5x = 18000$

$\rm \implies \: x = \dfrac{18000}{5}$

$\rm \implies \: x = 3600$

Hence,

We know,

Savings = Income - Expenditure

So,

= 18000 - 14400

= 3600

∴ Savings of the person is Rs.3,600