Question

The ratio of income to the expenditure of a family is 7:6. find the saving if the income is 1400

Answer 1

$200

Explanation:

Let income be 7x

Expenditure be 6x

So savings = 7x−6x=x

7x = 1400

x = $200

So, savig is $200

Answer 2

200

Explanation:

First, divide the income(1400) by the ratio(7) and you would get 200. Then, multiply the expenditure ratio(6) by 200 to find the real value which is 1200. After that, subtract the income(1400) and the expenditure (1200) as the question require the amount of savings.