Question

Miss Penny inherits £390. She decides to save some of the money and spend the rest.

The ratio of savings to spending money is 5 : 8
How much does she save and how much does she spend?

Answer 1

£150 saved; £240 spent.

Explanation:

If the ratio of savings to spending is 5:8, we find the fractions representing the amount saved and the amount spent by adding up 5 and 8 and then forming fractions:

savings: 5/13

spending: 8/13

(5/13) of £390 is £150; this is the amount saved.

(8/13) of £390 is £240; this is the amount spent.

Answer 2

saving=150

spending=240

Explanation:

390/13=30

savings=30*5

spending=30*8