Question

A man earns $₹9000$, out od which, he spends $₹7500$, and saves the rest. The ratio between his savings and spendings is

• A. $1:5$
• B. $1:6$
• C. $5:1$
• D. $6:1$

Answer 1

The correct option is A

$1:5$

Explanation for the correct option:

Option A: $1:5$

Total earning of man $=₹9000$

Total spending of man $=₹7500$

Total saving of man $=$Total earning $-$ Total spending

Total saving of man $=9000-7500=₹1500$

Now, the ratio between his savings and spendings is $=\frac{1500}{7500}=\frac{1}{5}=1:5$

The ratio between his savings and spendings is $1:5$

Hence, option A is correct answer.