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Question
Neelam’s annual income is Rs. 288000. Her annual savings amount to Rs. 36000. The ratio of her savings to her expenditure is ______.
Options
1 : 8
1 : 7
1 : 6
1 : 5
MCQ
Fill in the Blanks
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Solution
Neelam’s annual income is Rs. 288000. Her annual savings amount to Rs. 36000. The ratio of her savings to her expenditure is 1 : 7.
Explanation:
Neelam’s annual income = Rs. 288000
Her savings = Rs. 36000
∴ Her expenditure = Annual income – Savings
= Rs. 288000 – Rs. 36000
= Rs. 252000
∴ The required ratio = `"Saving"/"Expenditure"`
= `(Rs. 36000)/(Rs. 252000)`
= `1/7`
= 1 : 7
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