Question

The ratio of income Mr. John to his expenditure is 8 : 7. If his expenditure of one year is ₹ 1,26,000, what is his monthly income?

Answer 1

₹ 12000 .

Explanation:

It is given that,

The ratio of income Mr. John to his expenditure is 8 : 7

Expenditure = ₹ 1,26,000

Let the income is 8x and expenditure is 7x.

ATQ,

7x = 1,26,000

x = ₹ 18000

Yearly income = 8x

= 8(18000 )

= ₹ 144000

Monthly income,

`M=(144000)/(12)\\\\=12000`

Hence, his monthly income is ₹ 12000 .