The ratio of monthly income to the savings of a family is 7: 2. If the

1.	The ratio of monthly income to the savings of a family is 7: 2. If the savings be of Rs. 500, find the income and expenditure.
Answer» Given that the ratio of income and savings is 7: 2 Let the savings be 2x 2x = 500 So, x = 250 Therefore, Income = 7x Income = 7 × 250 = 1750 Expenditure = Income – savings = 1750 – 500 = Rs.1250

The ratio of monthly income to the savings of a family is 7: 2. If the savings be of Rs. 500, find the income and expenditure.

Answer»

Given that the ratio of income and savings is 7: 2

Let the savings be 2x

2x = 500

So, x = 250

Therefore,

Income = 7x

Income = 7 × 250 = 1750

Expenditure = Income – savings

= 1750 – 500

= Rs.1250