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Concept of Saving

Aman's monthl...

Question

Aman's monthly ratio of expenditure to savings is 4:3. If the total income is ₹56000 per month , Aman's saving is .

A

₹32000

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B

₹18000

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C

₹24000

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D

₹40000

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Solution

The correct option is C ₹24000
Aman's monthly income = ₹56000
Let the expenditure be 4x and savings 3x.
4x + 3x = ₹56000
7x = ₹56000
x = $\frac{56000}{7}$ = ₹8000
Savings = 3x = 3 $\times$ 8000 = ₹24000

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