Question

Neelam's daily income is ₹ 800. Her daily savings amount is ₹100. What is the ratio of her SAVINGS to her EXPENDITURE? a. 1 : 2 b. 1 : 7 c. 1 : 6 d. 1 : 5

Answer 1

Given:

Neelam's daily income is ₹800.

Her daily savings amount is ₹100.

To find:

The ratio of her SAVINGS to her EXPENDITURE.

Solution:

We have,

Income = ₹800

Saving = ₹100

Expenditure = Income - Saving

= ₹800 - ₹100

= ₹700

We need to find the ratio of her SAVINGS to her EXPENDITURE.

`Ratio=(Savings)/(Expenditure)`

`Ratio=(100)/(700)`

`Ratio=(1)/(7)`

`Ratio=1:7`

Therefore, the correct option is b.