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Ranjit earns Rs 15300 and saves Rs 1224 per month. What is the ratio of his income and expenditure?
  • a)
    25 : 23
  • b)
    27 : 25
  • c)
    29 : 25
  • d)
    31 : 29
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Ranjit earns Rs 15300 and saves Rs 1224 per month. What is the ratio o...
Given,
Income = Rs 15300
Saving = Rs 1224
Here, Expenditure = 15300 – 1224 = 14076.
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Most Upvoted Answer
Ranjit earns Rs 15300 and saves Rs 1224 per month. What is the ratio o...
Given:
Ranjit's income = Rs 15300
Ranjit's savings per month = Rs 1224

To find: Ratio of income to expenditure

Let's calculate the expenditure first.

Expenditure = Income - Savings

Expenditure = Rs 15300 - Rs 1224 = Rs 14076

Therefore, Expenditure = Rs 14076

Now, we can calculate the ratio of income to expenditure.

Ratio = Income : Expenditure

Ratio = Rs 15300 : Rs 14076

Simplifying the ratio by dividing both numbers by their highest common factor (HCF), we get:

Ratio = 1275 : 1172

Further simplifying the ratio by dividing both numbers by 59, we get:

Ratio = 25 : 23

Therefore, the ratio of Ranjit's income to expenditure is 25 : 23.

Hence, the correct answer is option A) 25 : 23.
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Ranjit earns Rs 15300 and saves Rs 1224 per month. What is the ratio of his income and expenditure?a)25 : 23b)27 : 25c)29 : 25d)31 : 29Correct answer is option 'A'. Can you explain this answer?
Question Description
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