Question

Miss Penny inherits £1040

she decides to save some of the money and spend the rest

the ratio of savings to spending money is 5:8

how much does she save and how much does she spend

Answer 1

Explanation:

first we simplify the ratio

5:8

8/5=1.6

1:1.6 so for every 1 dollar she save she spends 1.6

next we do 1040/1.6=650

1040-650=390

390:650

i hope this helps and is the correct answer pls let me know