Class 6 Exam  >  Class 6 Questions  >  The ratio of my monthly income expenditure is... Start Learning for Free
The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000?
Most Upvoted Answer
The ratio of my monthly income expenditure is 10:7 how much can I save...


Calculation of Savings

Given:
Monthly income = Rs.5000
Income expenditure ratio = 10:7

Step 1: Calculate Expenditure
Expenditure = (7/10) * Rs.5000
Expenditure = Rs.3500

Step 2: Calculate Savings
Savings = Income - Expenditure
Savings = Rs.5000 - Rs.3500
Savings = Rs.1500

Explanation:
- The ratio of monthly income to expenditure is 10:7. This means out of every Rs.10 earned, Rs.7 is spent.
- With a monthly income of Rs.5000, the monthly expenditure would be Rs.3500 (7/10 * Rs.5000).
- Therefore, the monthly savings would amount to Rs.1500 (Rs.5000 - Rs.3500).

Conclusion:
With a monthly income of Rs.5000 and an income expenditure ratio of 10:7, you would be able to save Rs.1500 every month.
Attention Class 6 Students!
To make sure you are not studying endlessly, EduRev has designed Class 6 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 6.
Explore Courses for Class 6 exam

Top Courses for Class 6

The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000?
Question Description
The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000?.
Solutions for The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000? in English & in Hindi are available as part of our courses for Class 6. Download more important topics, notes, lectures and mock test series for Class 6 Exam by signing up for free.
Here you can find the meaning of The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000? defined & explained in the simplest way possible. Besides giving the explanation of The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000?, a detailed solution for The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000? has been provided alongside types of The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000? theory, EduRev gives you an ample number of questions to practice The ratio of my monthly income expenditure is 10:7 how much can I save if my monthly income is Rs.5000? tests, examples and also practice Class 6 tests.
Explore Courses for Class 6 exam

Top Courses for Class 6

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev