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Dumisani earns R42480 per month. He splits his earnings in the ratio 7:5 and then saves the lesser amount. How much does he save?

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Answer:

R17700

Explanation:

Dumsani earns R42480 per month. He splits his earnings in the ratio 7:5 and then saves the lesser amount. How much does he save?

First step

We are given the ratio 7:5

The sum of the proportion = 7 + 5 = 12

We are told that he saves the lesser amount

The lesser ratio = 5

Therefore, the amount he saves is

= 5/12 × R42480

= 5 × 3540

= R17700

Therefore, he saves R17700

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