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The ratio of income to expenditure of a man is 7 : 6. What is the saving if the income is Rs 28000?
- a)Rs 9600
- b)Rs 8000
- c)Rs 6000
- d)Rs 4000
Correct answer is option 'D'. Can you explain this answer?
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The ratio of income to expenditure of a man is 7 : 6. What is the savi...
The ratio of income to expenditure of a man is given as 7:6. This means that for every 7 units of income, the expenditure is 6 units.
To find the saving, we need to subtract the expenditure from the income. Let's calculate the expenditure first.
Given that the income is Rs 28000, we can set up a proportion to find the expenditure:
Income/Expenditure = 7/6
Cross multiplying, we get:
6 * Income = 7 * Expenditure
Substituting the value of Income as Rs 28000, we have:
6 * 28000 = 7 * Expenditure
168000 = 7 * Expenditure
Dividing both sides by 7, we find:
Expenditure = 168000/7 = Rs 24000
Now, we can calculate the saving by subtracting the expenditure from the income:
Saving = Income - Expenditure
= Rs 28000 - Rs 24000
= Rs 4000
Therefore, the saving is Rs 4000. Hence, option D is the correct answer.
Let's summarize the solution:
Summary:
- Given ratio of income to expenditure is 7:6
- Income is Rs 28000
- Expenditure can be found by setting up a proportion
- Cross multiplying, we get 6 * 28000 = 7 * Expenditure
- Expenditure is calculated as Rs 24000
- Saving is found by subtracting the expenditure from the income
- Saving = Rs 28000 - Rs 24000 = Rs 4000
- Therefore, the saving is Rs 4000, which is option D.
To find the saving, we need to subtract the expenditure from the income. Let's calculate the expenditure first.
Given that the income is Rs 28000, we can set up a proportion to find the expenditure:
Income/Expenditure = 7/6
Cross multiplying, we get:
6 * Income = 7 * Expenditure
Substituting the value of Income as Rs 28000, we have:
6 * 28000 = 7 * Expenditure
168000 = 7 * Expenditure
Dividing both sides by 7, we find:
Expenditure = 168000/7 = Rs 24000
Now, we can calculate the saving by subtracting the expenditure from the income:
Saving = Income - Expenditure
= Rs 28000 - Rs 24000
= Rs 4000
Therefore, the saving is Rs 4000. Hence, option D is the correct answer.
Let's summarize the solution:
Summary:
- Given ratio of income to expenditure is 7:6
- Income is Rs 28000
- Expenditure can be found by setting up a proportion
- Cross multiplying, we get 6 * 28000 = 7 * Expenditure
- Expenditure is calculated as Rs 24000
- Saving is found by subtracting the expenditure from the income
- Saving = Rs 28000 - Rs 24000 = Rs 4000
- Therefore, the saving is Rs 4000, which is option D.
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The ratio of income to expenditure of a man is 7 : 6. What is the saving if the income is Rs 28000?a)Rs 9600b)Rs 8000c)Rs 6000d)Rs 4000Correct answer is option 'D'. Can you explain this answer?
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