Question

The ratio of a family's expenditure to its savings $7:3.$ If the income of the family is $Rs.63,000$ per month, what is the family's savings ?

Answer 1

According to the problem given$,$

Ratio of expenditure and saving

$=7:3$

Expenditure $=Rs.6300$

$7$ parts $=6300$

$1$ part $=6300/7=900$

Savings $=3$ parts of the income

$=3\times 900$

$=Rs2700$

Total income $=$ expenditure $+$ savings

$=Rs.6300+Rs.2700$

$=Rs.9000$

Therefore$,$

Total income $=Rs.9000$