Question

The yearly income of a family is Rs. 500000. The ratio of the expenditure and saving of the family is 4 : 1. Find the amount of expenditure and saving.​

Answer 1

Let's assume that the amount of saving is x.

According to the problem, the ratio of expenditure to saving is 4:1, so the amount of expenditure can be expressed as 4x.

The total income of the family is Rs. 500000, and it can be expressed as the sum of expenditure and saving:

Expenditure + Saving = 500000

Substituting the values of expenditure and saving, we get:

4x + x = 500000

Simplifying this equation, we get:

5x = 500000

Dividing both sides by 5, we get:

x = 100000

Therefore, the amount of saving is Rs. 100000, and the amount of expenditure is 4 times this value, which is Rs. 400000.