The monthly salary of Roghav is ₹ 1,20,000 . He saves ₹ 30000 every month. Find the ratio of:
(i) income to savings.
(ii) savings to expenditure.
Given: The monthly salary of Roghav is ₹ 1,20,000. He saves ₹ 30000 every month
To do:
Find the ratio of:
(i) income to savings.
(ii) savings to expenditure.
Solution:
Salary of Raghav = ₹ 1,20,000
Savings = ₹ 30000
Expenditure= 120000$-$30000
=90000
Ratio of income to savings =$\frac{ 120000}{30000}$
=$4:1$
Ratio of savings to expenditure = $\frac{30000}{90000}$=1:3
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